1stDibs Reports Third-Quarter Revenue of $23.09 Million, EPS Loss of $0.04
Revenue rose 5% year over year as higher GMV and sponsored-listings advertising supported growth; the net loss narrowed, helped by lower sales and marketing costs.
1stDibs’ third-quarter revenue rose 5% year over year, while its net loss narrowed. Higher GMV, driven mainly by increased average order values and order volume, and increased sponsored-listings advertising supported revenue growth; lower sales and marketing costs also helped reduce the loss.Financ…