Poshmark: Q2 Earnings Snapshot
REDWOOD CITY, Calif. (AP) _ Poshmark Inc. (POSH) on Thursday reported a loss of $22.9 million in its second quarter.
On a per-share basis, the Redwood City, California-based company said it had a loss of 29 cents.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.
The online marketplace for second-hand goods posted revenue of $89.1 million in the period, beating Street forecasts. Six analysts surveyed by Zacks expected $87.7 million.
For the current quarter ending in October, Poshmark said it expects revenue in the range of $85 million to $87 million.