CSIMarket
 
Etsy Inc  (NASDAQ: ETSY)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $53.4500 $0.88 1.674%
Day's High: $53.76 Week Perf: -5.58 %
Day's Low: $ 51.88 30 Day Perf: -9.02 %
Volume (M): 2,442 52 Wk High: $ 80.30
Volume (M$): $ 130,525 52 Wk Avg: $60.56
Open: $52.62 52 Wk Low: $47.10



 Market Capitalization (Millions $) 6,988
 Shares Outstanding (Millions) 131
 Employees 2,420
 Revenues (TTM) (Millions $) 2,798
 Net Income (TTM) (Millions $) 257
 Cash Flow (TTM) (Millions $) 77
 Capital Exp. (TTM) (Millions $) 46

Etsy Inc
Etsy Inc. is an American e-commerce company specializing in the online marketplace of handmade, vintage, and unique goods. The company was established in 2005 and was originally founded by Rob Kalin, Chris Maguire, and Haim Schoppik. It is headquartered in Brooklyn, New York City, and has offices in Dublin, London, Paris, Berlin, and Tokyo.

Etsy provides a platform for artists, designers, and creators to showcase and sell their handmade items or vintage products. The company offers a wide range of product categories, including clothing and accessories, jewelry, craft supplies, home d'cor, and art, among others. Etsy has a well-established niche appeal, catering to customers who are looking for unique, one-of-a-kind items that cannot be found elsewhere, making it a preferred online marketplace for shoppers seeking specialized products.

At its core, Etsy is a community-driven marketplace, where individuals with creative talents can connect with buyers. The company has a customer base of over 81 million registered users, and there are over4 million active sellers on the website, making it one of the largest online markets for handmade and unique goods.

Etsy is committed to creating a sustainable business model and supporting ethical practices. The company has been recognized for its efforts in reducing its environmental impact and for promoting fair trade practices.

In addition to its online marketplace, Etsy has also expanded its business by launching various services, including Etsy Studio, an online hub for craft supplies, and Etsy Wholesale, a platform for artists and designers to showcase their work to retailers. The company also owns Reverb, an online marketplace for buying and selling musical instruments and related accessories.

Etsy is publicly traded on the NASDAQ stock exchange, with a market capitalization of around $22 billion as of August 2021. The company is led by CEO Josh Silverman and has over 1,800 employees worldwide.


   Company Address: 117 Adams Street Brooklyn, 11201 NY
   Company Phone Number: 880-3660   Stock Exchange / Ticker: NASDAQ ETSY


   

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AMZN   -1.64%    
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LIVE        5.66% 
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Stocks on the Move

Etsy Inc Faces Uncertain Future Amidst Changing Market Dynamics and Controversial Sales

Published Fri, Jul 19 2024 8:09 PM UTC

In the past week, Etsy Inc., an online marketplace for handmade and vintage goods, has faced a series of events that have raised questions about its future prospects. From controversies surrounding the sale of inappropriate merchandise to challenges in maintaining profitability and staying competitive, Etsy Inc. is navigating a rapidly evolving market. This article aims to d...

Stocks on the Move

Etsy Adapts Policies to Preserve Artisan Roots and Combat AI Influence

Published Tue, Jul 16 2024 6:22 AM UTC

Amidst ongoing debates about the role of artificial intelligence (AI) in art, Etsy, the online marketplace known for championing handmade and vintage items, has announced its stance on AI-generated art. The company has taken a unique approach, allowing the sale of AI-generated artwork while prohibiting the sale of AI prompts used to create such art.This move by Etsy is part ...

Stocks on the Move

Etsy Navigating the Competitive Landscape Amidst Challenging Times

Published Thu, Jun 27 2024 5:26 PM UTC

Word Count: 692In recent months, Etsy, the peer-to-peer e-commerce platform for unique and handmade goods, has faced a series of challenges that have caused a shift in its competitive landscape. With news of declining revenue growth, a shrinking market share, and a recent rating downgrade, the company is at a critical juncture. This article aims to provide an in-depth analys...

Etsy Inc

Etsy Inc's Revenue Rises, but Earnings Decline in First Quarter of 2024

As a journalist for the CSIMarket.com, I have been closely following the financial results of Etsy Inc's first quarter of 2024. The numbers are in, and the report shows a mixed bag of results for the popular online marketplace.
On the surface, Etsy Inc saw a marginal revenue increase of 0.771% in the first quarter of 2024, bringing their revenue to $645.82 million. However, this growth was not enough to prevent a significant income contraction of -9.43% compared to the same period a year before. Earnings per share also dipped to $0.48.

Etsy Inc

Etsy Inc. Reports Decline in EPS Despite Revenue Growth

Etsy Inc, the Professional Services company operating online marketplaces, recently declared a decline in earnings per share (EPS) despite an increase in revenue for the most recent fiscal period. In this period, revenue grew by 4.444% to $843.11 million, compared to $807.24 million in the previous year. However, EPS dropped by -35.99% to $0.55 per share, down from $0.87 per share in the corresponding period a year ago.
The company's bottom line performance in the previous reporting period showcased revenue of $635.48 million, with an EPS of $0.64 per share. Unfortunately, in the financial period ending on December 31, 2023, Etsy Inc experienced a decrease of -23.99% in net earnings, which totaled $83.266 million, compared to $109.548 million in the same period the previous year.







Etsy Inc's Segments
Marketplace revenue    71.94 % of total Revenue
Services revenue    28.16 % of total Revenue





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