ThredUp Sees Q3 Revenue $82M-$84M vs $82.67M Est., Sees Q4 Revenue $84.5M-$86.5M
Portfolio Pulse from Benzinga Newsdesk
ThredUp has projected its Q3 revenue to be between $82M-$84M, which is in line with the estimated $82.67M. The company also forecasts its Q4 revenue to be between $84.5M-$86.5M.
August 08, 2023 | 9:55 pm
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POSITIVE IMPACT
ThredUp's Q3 and Q4 revenue projections are in line with or slightly above estimates, which could be seen as a positive sign by investors.
ThredUp's revenue projections for Q3 and Q4 are either meeting or exceeding estimates. This could be interpreted as a positive sign by investors, as it indicates that the company's performance is on track or better than expected. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100