Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Etsy Stock Soared Today

TheMotleyFool

0 0

Shares of Etsy (NASDAQ: ETSY) soared 14.3% on Thursday after the e-commerce website announced strong fourth-quarter 2019 results.

To be sure, Etsy's quarterly revenue climbed 35% year over year to $270 million, translating to net income of $31.3 million, or $0.25 per share. Though we don't normally pay close attention to Wall Street's demands, most analysts were only expecting earnings of $0.16 per share on slightly lower revenue.

Image source: Getty Images.

Source Fool.com

Like: 0

ETSY

Share