ThredUp Q3 gross profit $69.033 million
TDUP•ThredUp reported third-quarter gross profit of $69.033 million, revenue of $88.23 million, and adjusted EBITDA of $3.5 million.
1. Quarterly results
ThredUp reported third-quarter operating income of negative $5.26 million, net income of negative $5.47 million, basic EPS of negative $0.04, and gross margin of 78.2%. Revenue was $88.23 million versus an IBES estimate of $88.1 million, while adjusted EBITDA was $3.5 million versus an estimate of $3.45 million.
