Etsy, Inc. (ETSY – Free Report) released its third-quarter earnings results, posting earnings of -$0.02 per share and revenue of $87.6 million.

Currently, ETSY has a Zacks Rank #5 (Strong Sell), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Etsy:

Matched earnings estimates. The company posted a loss of 2 cents per share, which matched Wall Street expectations of -$0.02.

Missed revenue estimates. The company saw revenue figures of $87.6 million, which missed our estimate of $90 million.  

GMS was $677.2 million, up 19.1% compared with the year-ago quarter. Growth in GMS was helped by an 11.3% increase in active sellers and a 20.1% increase in active buyers.

Etsy announced that CFO Kristina Salen has decided to leave the company in March. Etsy will begin its search for a replacement immediately.

ETSY was up 1.93% to $13.20 as of 4:48 p.m. EST in after-hours trading shortly after its earnings report was released.

Here’s a graph that looks at Etsy’s latest earnings performance:

ETSY INC Price, Consensus and EPS Surprise

ETSY INC Price, Consensus and EPS Surprise | ETSY INC Quote

Etsy, Inc. offers e-commerce services. It provides online and offline marketplaces to buy and sell goods. The company’s product include art, home and living, mobile accessories, jewelry, wedding, and others

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