1stdibs.com Inc (DIBS) Q3 2024 Earnings Call Highlights: Navigating Growth Amid Market Challenges [Yahoo! Finance]
1stdibs.com, Inc. (DIBS)
Company Research
Source: Yahoo! Finance
1stdibs.com Inc ( NASDAQ:DIBS ) achieved year-over-year revenue growth for the second consecutive quarter, with accelerating order growth and sequential active buyer growth. Conversion rates have increased year-over-year for four straight quarters, with double-digit improvements for both new and returning buyers. The company has implemented a machine learning-based pricing model for furniture, providing stronger, more precise recommendations to maximize conversion. 1stdibs.com Inc ( NASDAQ:DIBS ) has initiated a $10 million share repurchase program, indicating confidence in the company's intrinsic value. The company is focused on improving efficiency and positioning the business for sustainable growth, with plans to generate operating leverage at mid-single-digit revenue growth. Gross Merchandise Value (GMV) contracted due to weaker than expected average order values, which the company views as a temporary issue. Adjusted EBITDA margins came in toward the low end of guida
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DIBS
News
- 1stDibs Reveals 2025 Trends from Its Annual Designer Survey, Highlighting Upcoming Color, Furniture and Design Style TrendsBusiness Wire
- 1stdibs.Com And Two Other US Penny Stocks To Consider [Yahoo! Finance]Yahoo! Finance
- 1stdibs.com (DIBS) Reports Q3 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- 1stDibs Reports Third Quarter 2024 Financial ResultsBusiness Wire
- 1stDibs to Announce Third Quarter 2024 Financial Results on November 8, 2024Business Wire
DIBS
Earnings
- 11/8/24 - Miss
DIBS
Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/8/24 - Form 10-Q
- 11/8/24 - Form 8-K
- DIBS's page on the SEC website