POSH Stock Recent News

Poshmark (POSH) delivered earnings and revenue surprises of -11.54% and 1.65%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Poshmark Inc.'s stock POSH, +1.34% initially fell 8% in extended trading Thursday after the social-commerce marketplace posted fiscal second-quarter revenue largely in line with Wall Street analysts' forecasts but offered guidance that fell short of estimates. Poshmark reported a net loss of $22.9 million, or 29 cents a share, compared with a net loss of $2.55 million, or 3 cents a share, in the year-ago quarter.

REDWOOD CITY, Calif., July 12, 2022 (GLOBE NEWSWIRE) -- Poshmark, Inc. (Nasdaq: POSH), a leading social marketplace for new and secondhand style for women, men, kids, pets, home and more, today announced it will release its second quarter 2022 financial results on Thursday, August 11, 2022, after market close. Poshmark will also host a conference call and earnings webcast at 1:45 p.m. Pacific Time (4:45 p.m. Eastern Time) on the same day to discuss the results. The call will be hosted by Manish Chandra, Founder and CEO and Rodrigo Brumana, CFO.

We determined its revenue growth slowdown in the past 4 years from 38.23% in 2019 to 24.62% attributable to its buyer growth slowdown and declining take rate. However, we believe its lower SG&A spending as a % of revenue than competitors could support its opportunity to increase spending, which could lead to an acceleration in buyer growth.

This company provides value to consumers, along with a way to make some extra cash.

Poshmark Inc. [posh shares soared 24.6% in Friday trading after the seller of new and secondhand items reported better-than-expected first-quarter results. Net loss totaled $14.0 million, or 18 cents per share, after a loss of $74.1 million, or $1.18 per share last year.

The shares of Poshmark Inc (NASDAQ:POSH) are up 18.3% at $11.50 this morning, following the secondhand fashion retailer's first-quarter earnings report.

Poshmark, Inc. (NASDAQ:POSH ) Q1 2022 Earnings Conference Call May 12, 2022 4:45 PM ET Company Participants Christine Chen - Head of Investor Relations Manish Chandra - Founder, Chairman and CEO Rodrigo Brumana - Chief Financial Officer Conference Call Participants Lauren Schenk - Morgan Stanley Ross Sandler - Barclays Alexandra Steiger - Goldman Sachs Oliver Chen - Cowen and Company Tom Nikic - Wedbush Securities Anna Andreeva - Needham Ashley Helgans - Jeffries Seth Sigman - Guggenheim Brian McNamara - Berenberg Capital Markets Operator Good afternoon. My name is Lisa and I will be your conference operator today.

Poshmark (POSH) delivered earnings and revenue surprises of 30.77% and 3.90%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

REDWOOD CITY, Calif. , April 21, 2022 /PRNewswire/ -- Poshmark, Inc. (Nasdaq: POSH), a leading social marketplace for new and secondhand style for women, men, kids, pets, home and more, today announced it will release its first quarter 2022 financial results on Thursday, May 12, 2022, after market close.