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1 Number That Makes Me Really Excited About Etsy


Etsy's (NASDAQ: ETSY) performance has dropped from its triple-digit pandemic highs, but it's still impressive. As part of its third-quarter 2021 results announced last week, revenue increased 18%. That's a long way from the 102% it posted in last year's third quarter, but it's still on top of it. This demonstrates that Etsy is more than a pandemic phenomenon -- it has actual staying power, and investors can expect more from it going forward.

Most of the report was solid, but there was one metric that I'm really excited about, which is gross merchandise volume growth for active buyers.

Image source: Getty Images.

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Source Fool.com

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