1stdibs.Com (NASDAQ:DIBS) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS

by · The Cerbat Gem

1stdibs.Com (NASDAQ:DIBSGet Free Report) posted its quarterly earnings data on Friday. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02), Zacks reports. The firm had revenue of $21.19 million during the quarter, compared to the consensus estimate of $21.61 million. 1stdibs.Com had a negative return on equity of 10.93% and a negative net margin of 16.28%. During the same period in the prior year, the firm posted ($0.08) EPS. 1stdibs.Com updated its Q4 2024 guidance to EPS.

1stdibs.Com Stock Up 2.0 %

NASDAQ:DIBS traded up $0.08 during trading hours on Monday, reaching $4.10. 95,949 shares of the company’s stock were exchanged, compared to its average volume of 118,325. The company has a market capitalization of $162.74 million, a P/E ratio of -9.76 and a beta of 0.98. 1stdibs.Com has a 12 month low of $3.81 and a 12 month high of $6.30. The business’s 50-day simple moving average is $4.47 and its two-hundred day simple moving average is $4.78.

Insider Activity

In other news, insider Matthew Rubinger sold 5,422 shares of 1stdibs.Com stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $4.63, for a total value of $25,103.86. Following the transaction, the insider now directly owns 32,611 shares of the company’s stock, valued at $150,988.93. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last 90 days, insiders sold 8,508 shares of company stock worth $38,991. Insiders own 19.60% of the company’s stock.

1stdibs.Com Company Profile

(Get Free Report)

1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.

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