Welcome to our dedicated page for Etsy news (Ticker: ETSY), a resource for investors and traders seeking the latest updates and insights on Etsy stock.
Etsy, Inc. (ETSY) is a public company that operates two-sided online marketplaces connecting millions of passionate and creative buyers and sellers around the world. Its primary marketplace, Etsy.com, is described as a global destination for unique and creative goods, while Depop focuses on fashion resale. The company’s mission to "Keep Commerce Human" and its emphasis on human connection and creativity often feature prominently in its news and investor communications.
News about Etsy frequently centers on quarterly financial results, where the company reports gross merchandise sales (GMS), revenue, take rate, active buyers and sellers, and performance across its Etsy and Depop marketplaces. These updates often highlight product and marketing initiatives, such as improvements in search ranking models, AI-powered discovery, personalization in the Etsy app, and new tools for sellers.
Investors following ETSY news will also see corporate and governance developments, including leadership transitions, executive appointments, and updates to bylaws and board roles. Recent disclosures have covered a planned CEO transition, the appointment of an Executive Chair and a Lead Independent Director, and results from the company’s annual meeting of stockholders.
Etsy’s news flow additionally includes capital markets and listing updates, such as the transfer of its stock exchange listing from the Nasdaq Global Select Market to the New York Stock Exchange, share repurchase authorizations, and convertible note offerings. The company also regularly announces participation in investor conferences, where executives discuss strategy, marketplace performance, and investment priorities.
For readers tracking ETSY, this news page brings together earnings releases, governance announcements, capital allocation updates, and marketplace developments, offering a consolidated view of how Etsy and Depop are evolving over time.
Etsy reported strong fourth quarter and full year results for 2020, showcasing a consolidated GMS growth of 117.7% to $3.6 billion and revenue growth of 128.7% to $617.4 million. Net income surged 374.7% to $148.5 million, with diluted EPS of $1.08. Active buyers and sellers increased 76.7% and 61.7%, respectively. Despite the positive results, the company refrained from providing full year 2021 guidance due to macroeconomic uncertainties. Q1 2021 guidance estimates GMS of $2.9B-$3.1B, revenue of $513M-$536M, and Adjusted EBITDA between $168M-$178M.
Etsy, Inc. (Nasdaq: ETSY) will release its fourth quarter and year-end 2020 financial results on February 25, 2021, after market close. A video webcast conference call will follow at 5:00 p.m. ET to discuss these results, which will be accessible via the company's investor relations website. A replay will be available later that evening. Etsy operates online marketplaces connecting buyers and sellers and emphasizes human-centered commerce.
Etsy, Inc. (Nasdaq: ETSY), a leading online marketplace, announced its participation in upcoming virtual investor events including the RBC Capital Markets Global Technology Conference on November 17, 2020. The conference will feature a webcast presentation by Etsy executives at 11:20 a.m. ET. Additionally, Etsy will take part in the Bernstein Operational Decisions Conference on November 16, 2020. Investors can access the live webcast and replay via Etsy's investor relations website. Etsy connects millions of buyers and sellers, focusing on unique and creative goods.
Etsy, Inc. reported remarkable financial growth for Q3 2020, with GMS surging 119% year-over-year to $2.63 billion and revenue up 128% to $451.5 million. Net income skyrocketed 520% to $91.8 million, translating to $0.70 earnings per share. Active buyers increased by 55.4% to 69.6 million, driven by enhanced marketing strategies and product investments. Looking ahead, Etsy aims for Q4 revenue growth of 70% - 90% and GMS growth of 65% - 85%, emphasizing ongoing consumer engagement and technology enhancements.
Etsy, Inc. (Nasdaq: ETSY) will release its third quarter 2020 financial results on October 28, 2020, after market close, with a conference call at 5:00 p.m. ET to discuss the results. Investors can access the press release and webcast on the company's investor relations website. A replay of the call will be available starting at 8:00 p.m. ET. Etsy connects millions of buyers and sellers globally through its marketplace, focusing on unique and creative goods, while also owning Reverb, an online marketplace for musical instruments.
Etsy, Inc. (Nasdaq: ETSY) has announced its participation in several upcoming investor events, including presentations at Citi's Global Technology Virtual Conference on September 9, 2020, at 11:40 a.m. ET, and the Goldman Sachs 27th Annual Global Retailing Virtual Conference on September 10, 2020. Additionally, Etsy CEO Josh Silverman will participate in a keynote fireside chat on September 15, 2020, discussing the company's use of digital commerce. Interested parties can access live webcasts and replays on Etsy's investor relations website.
Etsy, Inc. (Nasdaq: ETSY) announced the pricing of $650 million in 0.125% convertible senior notes due 2027, set to close on August 24, 2020. The notes will mature on September 1, 2027, and have an initial conversion price of approximately $199.97 per share, a 52.5% premium over the last sale price on August 19, 2020. Etsy expects to net around $639.5 million from the offering, primarily to repurchase outstanding 2023 notes and for general corporate purposes. Capped call transactions will help mitigate stock dilution. The company plans to resume its stock repurchase program in Q4 2020.
Etsy announced a proposed private offering of $650 million in convertible senior notes, due 2027, to qualified institutional buyers. The notes will be unsecured and convertible into cash, shares, or a combination at Etsy's discretion. Proceeds will fund capped call transactions and repurchase part of its existing 0% Convertible Senior Notes due 2023. The board reinitiated its stock repurchase program, with $77.5 million available. The offering is subject to market conditions and will not be registered under the Securities Act.
Etsy, Inc. reported impressive Q2 2020 results, with Gross Merchandise Sales (GMS) surging 146% to approximately $2.69 billion and revenue increasing 137% year-over-year to $428.7 million. Net income soared 429% to $96.4 million, resulting in a diluted earnings per share (EPS) of $0.75. The company saw significant growth in active buyers, up 41% to 60,274, and active sellers increased by 35% to 3,140. Despite the strong performance, Etsy provided cautious guidance for Q3 2020 amidst ongoing pandemic uncertainties, forecasting GMS growth between 80% to 110%.
Etsy, Inc. (Nasdaq: ETSY) announced its virtual participation in the Canaccord Genuity's Annual Growth Conference on August 12, 2020, at 11:30 a.m. ET. The company's executives will present a webcast, which will be available for live viewing and replay on Etsy's investor relations website at investors.etsy.com. Etsy connects millions of buyers and sellers globally through its online marketplaces, including its primary platform, Etsy.com, and Reverb, a marketplace for musical instruments.