ticker: TDUP
** charts after earnings **
OAKLAND,
Calif. (AP) — OAKLAND, Calif. (AP) — ThredUp Inc. (TDUP) on Monday
reported a loss of $13.6 million in its second quarter.
The Oakland, California-based company said it had a loss of 13 cents per share.
The
results did not meet Wall Street expectations. The average estimate of
four analysts surveyed by Zacks Investment Research was for a loss of 10
cents per share.
The online seller of
secondhand clothing posted revenue of $79.8 million in the period, which
also fell short of Street forecasts. Four analysts surveyed by Zacks
expected $82.6 million.
For the current quarter ending in September, ThredUp said it expects revenue in the range of $69 million to $71 million.
The company expects full-year revenue in the range of $298 million to $302 million.
