Etsy jumped as much as 10 percent after reporting fourth-quarter earnings Monday that beat expectations.
The company reported fourth quarter earnings of $0.32 per share on revenues of $200.0 million. Analysts had expected EPS of $0.21 on revenues of $194.9 million.
“By making Etsy a great destination for holiday shopping, we delivered strong fourth-quarter results to end an excellent year,” CEO Josh Silverman said in a statement. “We kept our focus on improving search and discovery, building trust in the marketplace, expanding our marketing channels, and investing in services that fuel our sellers’ success.”
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