Etsy, Inc. (NASDAQ:ETSY) Q4 2024 Earnings Conference Call Summary
Company Participants
Deb Wasser – VP of IR
Josh Silverman – CEO
Lanny Baker – CFO
Conference Call Participants
Eric Sheridan – Goldman Sachs
Youssef Squali – Truist Securities
Lee Horowitz – Deutsche Bank
Maria Ripps – Canaccord
Curtis Nagle – BofA Securities
Steven Forbes – Guggenheim
Mark Kelley – Stifel
John Colantuoni – Jefferies
Deb Wasser: Hi, everyone, and welcome to Etsy’s Fourth Quarter and Full Year 2024 Earnings Conference Call. I’m Deb Wasser, VP of Investor Relations.
During the conference call, Etsy’s CEO, Josh Silverman, and CFO, Lanny Baker, provided insight on the company’s financial performance for the fourth quarter and full year of 2024. They discussed key metrics, growth strategies, and answered questions from conference call participants.
Etsy reported strong earnings for the quarter, exceeding market expectations. The company highlighted growth in active buyers and sellers, as well as increased revenue from its marketplace and services.
Analysts from Goldman Sachs, Truist Securities, Deutsche Bank, Canaccord, BofA Securities, Guggenheim, Stifel, and Jefferies praised Etsy’s performance and shared positive outlooks for the company’s future.
Impact on Me
As a shareholder or potential investor in Etsy, the positive earnings report is promising news. It indicates that the company is experiencing growth and may continue to provide a strong return on investment.
Impact on the World
Etsy’s success in the e-commerce space demonstrates the growing popularity of online marketplaces and the potential for small businesses and independent sellers to thrive in a digital economy. This can have a positive impact on entrepreneurs around the world looking to reach a broader audience and expand their businesses.
Conclusion
Overall, Etsy’s Q4 2024 earnings conference call showcased the company’s continued growth and success in the market. With a strong performance and positive outlook from analysts, Etsy remains a key player in the e-commerce industry, providing opportunities for both investors and sellers worldwide.
