ThredUP reports Q1 EPS (4c), consensus (6c)

Reports Q1 revenue $71.3M, consensus $67.54M. Reports active buyers of 1.37M and orders of 1.37M. “We are proud to deliver Q1 out-performance, including a record quarter for new buyer acquisition,” said ThredUp (TDUP) CEO and co-founder James Reinhart. “With momentum in our marketplace, we are pleased to be raising our full year outlook while we continue to improve the product experience for both buyers and sellers.”