Etsy-ETSY's Q1 Earnings Miss Estimates, Revenues Increase Y/Y

Etsy, Inc. (ETSY) reported first-quarter 2024 earnings of 48 cents per share, missing the Zacks Consensus Estimate by 2.04%. The bottom-line figure reflects a year-over-year decrease of 9.4%.Revenues advanced 0.8% year over year to $645.95 million. The figure missed the Zacks Consensus Estimate by 0.4%.Top-line growth was driven by accelerating services revenues.Strong momentum across active sellers and reactivated buyers remained positive.Top Line in DetailMarketplace revenues were$ 466.98 million (72.3% o ...