Etsy shares surged as much as 10% in extended trading Wednesday after the online marketplace's third-quarter revenue and earnings outperformed expectations.
Here's how the company did:Earnings: 58 cents per share, adjusted, vs. 36 cents per share, as expected by analysts, according to Refinitiv.
58 cents per share, adjusted, vs. 36 cents per share, as expected by analysts, according to Refinitiv.
Revenue: $594.5 million vs. $565 million as expected by analysts, according to Refinitiv.
For the fourth quarter, Etsy said it expects to report revenue between $700 million and $780 million, and gross merchandise sales of $3.6 billion to $4 billion.