Reports Q4 revenue $807.2M, consensus $751.75M. "We are extremely proud of our team’s ability to dramatically improve the Etsy customer experience over the course of 2022," said CEO Josh Silverman. "Despite significant macroeconomic headwinds, we maintained the vast majority of our pandemic gains and delivered double digit revenue growth and excellent profitability for the year. We believe our strong and steady performance proves the relevancy of our "Right to Win" strategy, the focus and investment discipline of our teams, and the resiliency of our business model. Etsy truly stands for something different." "The Etsy marketplace’s strong holiday performance and accelerating year-over-three-year GMS in the fourth quarter enabled us to end the year on a high note," said CFO Rachel Glaser. "We are now nearly three times the size we were pre-pandemic, and we’ve been careful about how we have grown our cost basis to catch up with the size of the business – visible in our sustained profitable growth and strong free cash flow."
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