1stDibs Reports First Quarter 2024 Financial Results
1stdibs.com, Inc. (DIBS)
Company Research
Source: GlobeNewswire
NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Net revenue was $22.1 million, a decrease of 1% year-over-year.Gross profit was $16.0 million, an increase of 7% year-over-year.Gross margin was 72.5%, compared to 67.1% in the first quarter 2023.GAAP net loss was $3.3 million compared to a net loss of $8.1 million in the first quarter 2023.Non-GAAP Adjusted EBITDA and Adjusted EBITDA Margin was $(1.8) million and (8.1)%, respectively, compared to $(5.3) million and (23.7)%, respectively, in the first quarter 2023.Cash, cash equivalents and short-term investments totaled $134.2 million as of March 31, 2024. “We are pleased to report that we have continued to make progress against our key goals, with demand metrics recovering across the board. The se
Show less
Read more
Impact Snapshot
Event Time:
DIBS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DIBS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DIBS alerts
High impacting 1stdibs.com, Inc. news events
Weekly update
A roundup of the hottest topics
DIBS
News
- 1stDibs Announces Completion of $25.2 million Share Repurchase ProgramBusiness Wire
- Room screens bring beauty and boundaries to living spaces [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- 1stdibs.Com, Inc. (NASDAQ:DIBS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Are You Looking for a Top Momentum Pick? Why 1stdibs.com (DIBS) is a Great Choice [Yahoo! Finance]Yahoo! Finance
- 1stDibs to Announce First Quarter 2024 Financial Results on May 8, 2024GlobeNewswire
DIBS
Earnings
- 5/8/24 - Beat
DIBS
Sec Filings
- 6/18/24 - Form 4
- 6/17/24 - Form 144
- 6/12/24 - Form 4
- DIBS's page on the SEC website