Etsy (ETSY) reported Q4 net income Wednesday of $1.03 per diluted share, compared with $0.62 a year earlier.
Analysts surveyed by FactSet expected $0.93.
Revenue for the quarter ended Dec. 31 was $852.2 million, compared with $842.3 million a year earlier.
Analysts surveyed by FactSet expected $861.8 million.
The company said it expects Q1 gross merchandise sales growth to decline at a rate similar to the year-over-year performance reported for Q4 2024, which was down 6.8%. Analysts at FactSet expect Q1 GMS of $2.90 billion.
Shares of Etsy were down 4.9% in recent premarket activity.
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