1stdibs.com, Inc. (NASDAQ:DIBS) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - 1stdibs.com, Inc. reported a third-quarter EPS of -$0.10, exceeding the estimated EPS of -$0.13, resulting in a positive earnings surprise of 23.08% [1][6] - The company's revenue for the quarter was approximately $21.97 million, surpassing the estimated $21.51 million, reflecting a 2.15% increase over the Zacks Consensus Estimate and a year-over-year increase from $21.19 million [2][6] - DIBS's gross profit increased by 9% year-over-year to $16.3 million, with a gross margin improvement to 74.3% from 71.0% in the same quarter of the previous year [4][6] Financial Metrics - The company has a negative price-to-earnings (P/E) ratio of -7.29, while the price-to-sales ratio stands at 1.67, indicating investors are willing to pay $1.67 for every dollar of sales [3] - The enterprise value to sales ratio is 1.63, and the enterprise value to operating cash flow ratio is significantly negative at -59.21, indicating challenges in generating positive cash flow [3] - DIBS maintains a strong liquidity position with a current ratio of approximately 3.87, suggesting it can cover its short-term liabilities [4] Debt and Equity Position - The company's debt-to-equity ratio is about 0.22, indicating a relatively low level of debt compared to equity, contributing to its financial stability [5] - Over the past four quarters, DIBS has exceeded consensus EPS estimates three times, demonstrating its ability to outperform market expectations [5]