Poshmark Inc. (POSH) Tops Q1 EPS by 7c
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Poshmark, Inc. Reports First Quarter 2022 Financial Results
May 12, 2022 4:01 PM EDTQ1 Gross Merchandise Value Increased 12% Year-over-Year to $493.4 million
Q1 Total Revenue Increased 13% Year-over-Year to $90.9 million
Q1 Adjusted EBITDA was ($4.7) million with (5.2%) margins
REDWOOD CITY, Calif., May 12, 2022 (GLOBE NEWSWIRE) -- Poshmark, Inc. (NASDAQ: POSH), a leading social marketplace for new and secondhand style, today announced financial results for the first quarter ended March 31, 2022. The Company posted net revenues of $90.9 million in the first quarter of 2022, which is a 13% year-over-year increase from the first quarter of 2021. Gross Merchandise Value (GMV) grew 12% year-over-year from the first quarter of... More
