1stdibs.Com Third Quarter 2023 Earnings: EPS Beats Expectations

1stdibs.Com (NASDAQ:DIBS) Third Quarter 2023 Results

Key Financial Results

• Revenue: US$20.7m (down 9.1% from 3Q 2022).
• Net loss: US$3.31m (loss narrowed by 63% from 3Q 2022).
• US$0.083 loss per share (improved from US$0.23 loss in 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

1stdibs.Com EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 38%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Multiline Retail industry in the US.

Performance of the American Multiline Retail industry.

The company's shares are up 13% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with 1stdibs.Com, and understanding these should be part of your investment process.

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