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1stDibs Reports Fourth Quarter and Full Year 2024 Financial Results

1. 1stdibs reports Q4 2024 net revenue of $22.8M, up 9% YoY. 2. Gross margin improved to 72.3% from 71.5% YoY.

Earnings
-2.13%Current Return
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+1.56%S&P 500
$3.7602/28 07:14 AM EDTEvent Start
$3.6803/03 07:41 AM EDTLatest Updated
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FAQ

Why Bullish?

The consistent revenue growth and improved gross margin suggest strong operational health, which typically drives stock prices upward. Historical data shows companies with increasing margins often see price appreciation, as evidenced in similar e-commerce sectors.

How important is it?

Positive revenue and margin growth are significant for investors, indicating potential for future gains in DIBS stock. This financial report aligns well with investor interest in growth signals.

Why Short Term?

Immediate market reactions to positive earnings results are common, often leading to short-term price increases. Investors tend to respond quickly to quarterly performance metrics in the luxury goods sector.

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AMZNWRH
NEW YORK--(BUSINESS WIRE)--1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Net revenue was $22.8 million, an increase of 9% year-over-year. Gross profit was $16.5 million, an increase of 10% year-over-year. Gross margin was 72.3%, compared to 71.5% in the fourth quarter 2023. GAAP net loss was $.

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