ThredUp Q4 Loss Wider Than Estimates, Active Buyers Decline 6% Y/Y

ThredUp Inc. (TDUP) reported fourth-quarter 2024 results, wherein the top line increased year over year and met the Zacks Consensus Estimate. However, the bottom line decreased year over year, missing the Consensus Estimate.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the fourth quarter, ThredUp completed the divestiture of 91% of its European business and Bulgarian subsidiary, Remix Global EAD ("Remix"), meeting the necessary criteria to report Remix as a discontinued operati ...