Etsy shares soar more than 24% after raising full-year revenue guidance

Etsy shares soar more than 24% after raising full-year revenue guidance

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2018/11/07/etsy-shares-soar-more-than-24percent-after-raising-revenue-guidance.html

Etsy stock soared more than 24.8 percent Wednesday as the company raised its annual revenue forecast and beat on quarterly earnings Tuesday.

The company now expects its full-year revenue to be between $596 million and $600 million, up from its previous guidance of $587 million to $596 million. It also announced a $200 million stock buyback.