Reported 1 day ago
ThredUp Inc. (NASDAQ:TDUP) has reported impressive Q2 results, with a 16% year-over-year revenue increase to $77.7 million and a gross profit rise of 17% to $61.7 million, supported by a 17% growth in active buyers and a 21% increase in orders. The company anticipates this momentum will continue into Q3, forecasting revenue between $76 million and $78 million, equating to a 25% year-over-year growth. Despite this optimism, some analysts suggest other AI stocks may present better investment opportunities.
Source: YAHOO