The RealReal: Fourth Quarter Earnings Overview
The RealReal Reports Fourth Quarter Financial Results
The RealReal Inc., headquartered in San Francisco, announced a net loss of $38.8 million for the fourth quarter.
The company recorded a per-share loss of 33 cents. When excluding one-time expenses and stock-based compensation, adjusted earnings came to 6 cents per share.
During the quarter, the online luxury consignment platform generated $194.1 million in revenue, surpassing analyst expectations. According to Zacks Investment Research, five analysts had projected revenue of $190.3 million.
Looking at the full year, The RealReal reported a total loss of $41.8 million, or 70 cents per share, with annual revenue reaching $692.8 million.
For the upcoming quarter ending in March, the company anticipates revenue between $185 million and $189 million.
Full-year revenue guidance is projected to fall within the range of $765 million to $780 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x ROBO: Trade futures to share 340,000 ROBO!
OPNUSDT now launched for pre-market futures trading
Join the BGB holders group—unlock Spring Festival Mystery Boxes to win up to 8888 USDT and merch from Morph
Trading Club Championship (Margin)—Trade to share 58,000 USDT, with up to 3000 USDT per user!
