ETSY's Q4 Earnings Meet Estimates, Revenues Increase Y/Y

Etsy, Inc. (ETSY) reported fourth-quarter 2023 earnings of 62 cents per share, which declined 19.5% year over year.In the reported quarter, the company’s net income, totaling $83.3 million, was hurt by restructuring and other exit costs of $27 million.The adjusted bottom-line figure was 78 cents per share, which was in line with the Zacks Consensus Estimate.Revenues advanced 4.3% year over year to $842.32 million. The figure beat the Zacks Consensus Estimate by 1.8%.Top-line growth was driven by acceleratin ...