1stdibs.com Q2 2024 GAAP EPS $(0.12) Misses $(0.09) Estimate, Sales $22.200M Beat $21.812M Estimate
Portfolio Pulse from Benzinga Newsdesk
1stdibs.com (NASDAQ:DIBS) reported Q2 2024 GAAP EPS of $(0.12), missing the $(0.09) estimate by 33.33%. However, sales of $22.2M beat the $21.812M estimate, marking a 6.11% increase from the same period last year.
August 06, 2024 | 11:01 am
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1stdibs.com reported a Q2 2024 GAAP EPS of $(0.12), missing the $(0.09) estimate by 33.33%. However, sales of $22.2M beat the $21.812M estimate, marking a 6.11% increase from the same period last year.
The mixed results, with a significant EPS miss but a slight sales beat and YoY growth, suggest a neutral short-term impact on the stock price. Investors may weigh the negative earnings against the positive sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100