StubHub Raises Full-Year Revenue Guidance as Q3 Revenue Misses Expectations
StubHub reported gross merchandise sales up 7% year over year to $2.61 billion, above analysts’ $2.598 billion estimate. Third-quarter revenue fell short of expectations.
By Janet H. ChoStubHub reported slightly higher-than-expected gross merchandise sales and raised its full-year revenue guidance. But third-quarter revenue fell below expectations.Gross merchandise sales increased 7% from a year ago to $2.61 billion, above the $2.598 billion analysts expected, accor…