Etsy Inc

ETSY: XNYS (USA)
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Etsy Earnings: Investments Starting to Yield Positive Results and Support Its Network Edge

Etsy's revenue increased 3.8%, as a 4.8% decrease in gross merchandise sales was more than offset by an expansion in the firm's take rate, which clocked in at 24% (up 200 basis points from a year ago). EBITDA margins contracted 260 basis points to 25.1%.

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