Etsy Earnings: Gross Merchandise Sales Volume Accelerates

Online marketplace Etsy's (NASDAQ: ETSY) second quarter highlighted more strong growth, driven by robust gains in gross merchandise sales (GMS) volume and in the number of active buyers and sellers on its platform.

"Our excellent second quarter growth in revenue and GMS reflects solid execution across our portfolio of product and marketing investments and the strength of our core marketplace," said Etsy CEO Josh Silverman in the company's second-quarter earnings release.

Here's a look at the results.

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