ThredUp Expects Revenue Of $79M-$81M For Q1 (Est $80.32M), $340M-$350M For FY24 (Est $342.438M)
Author: Benzinga Newsdesk | March 04, 2024 06:16pm
For Q1, the company expects gross margin in the range of 68.5% to 70.5%, representing gross profit dollar growth of 9% year over year at the midpoint of revenue and gross margin guidance and Adjusted EBITDA loss margin in the range of 3.0% to 1.0%. For full fiscal year 2024, ThredUp expects gross margin in the range of 69.5% to 71.5%, representing gross profit dollar growth of 14% year over year at the midpoint of revenue and gross margin guidance and Adjusted EBITDA margin in the range of 0.5% to 1.5%
Posted In: TDUP
