Etsy grew revenue 44% to $61.4M last quarter and lost $6.4M, stock tanks 14%

23:19 04.08.2015
Etsy announced second quarter losses of $0.07 on revenue of $61.4 million. Analysts expected losses of $0.08 on revenue of $60 million. In after-hours trading Etsy’s stock is down roughly 14 percent. Losses for the quarter totaled $6.4 million. Etsy had advised investors that expenses would be big in the second quarter. In addition to foreign exchange rates, the company […]...
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