Etsy Shares Climb After Mixed Q3 Results: EPS Miss, Revenues Beat

Etsy, Inc. (NASDAQ:ETSY) reported its third-quarter results after Wednesday's closing bell. Here's a look at the details from the report.  

The Details: Etsy reported quarterly earnings of 45 cents per share, which missed the analyst consensus estimate of 55 cents. Quarterly revenue came in at $662.4 million, which beat the analyst consensus estimate of $652.81 million and is an increase over sales of $636.3 million from the same period last year.

Consolidated GMS was $2.9 billion, down 4.1% year-over-year and down 4.4% on a currency-neutral basis.

Consolidated GMS performance includes a small headwind from the divestiture of Elo7.

Etsy marketplace GMS was $2.5 billion, down 6.0% year-over-year and down ...