Etsy Surpasses Forecasts in Q1 With Strong Revenue and Earnings, Citing Lower Dependence on China and Flexibility in Volatile Market

Etsy Surpasses Forecasts in Q1 With Strong Revenue and Earnings, Citing Lower Dependence on China and Flexibility in Volatile Market

Etsy shares climbed in premarket trading Wednesday after the company reported first-quarter revenue of $651.2 million, surpassing the $643 million forecast, according to CNBC. Adjusted earnings per share came in at $1.03, more than double the expected 49 cents. CEO Josh Silverman said the company is “vastly less” reliant on Chinese products, softening the impact of Trump’s 145 tariffs. Etsy CFO Lanny Baker said the company is remaining flexible amid tariff uncertainty and shifting consumer confidence in key markets.


User: Benzinga

Views: 862

Uploaded: 2025-04-30

Duration: 00:37

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