1stdibs.com (DIBS) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15.38%. A quarter ago, it was expected that this upscale online retailer would post a loss of $0.11 per share when it actually produced a loss of $0.12, delivering a surprise of -9.09%.Over the last four quarters, the company ...

Financial Performance - Gross Merchandise Value (GMV) for the three months ended September 30, 2024, was $84,613,000, a decrease of 4.8% from $88,983,000 for the same period in 2023[82] - The number of orders increased to 33,347 for the three months ended September 30, 2024, compared to 31,202 for the same period in 2023, representing a growth of 6.9%[82] - Active buyers totaled 62,527 for the three months ended September 30, 2024, slightly down from 63,227 in the same period of 2023[82] - Adjusted EBITDA for the three months ended September 30, 2024, was $(2,983,000), compared to $(1,802,000) for the same period in 2023, indicating a worsening performance[82] - Net revenue for the three months ended September 30, 2024, was $21,190,000, an increase from $20,663,000 in the same period of 2023[90] - Cost of revenue for the three months ended September 30, 2024, was $6,154,000, compared to $5,510,000 for the same period in 2023[90] - Gross profit for the three months ended September 30, 2024, was $15,036,000, slightly down from $15,153,000 in the same period of 2023[90] - Total operating expenses for the three months ended September 30, 2024, were $22,428,000, compared to $20,386,000 for the same period in 2023, reflecting an increase of 10.0%[90] - The net loss for the three months ended September 30, 2024, was $(5,683,000), compared to $(3,305,000) for the same period in 2023, indicating a larger loss year-over-year[90] - Net revenue for the three months ended September 30, 2024, was $21.2 million, a 3% increase from $20.7 million in the same period of 2023[93] - Cost of revenue increased to $6.2 million for the three months ended September 30, 2024, up 12% from $5.5 million in 2023, primarily due to higher shipping and processing fees[94] - Gross profit for the three months ended September 30, 2024, was $15.0 million, with a gross margin of 71.0%, down from $15.2 million and 73.3% in 2023[95] - Sales and marketing expenses rose to $9.1 million for the three months ended September 30, 2024, a 9% increase from $8.4 million in 2023[96] - Technology development expenses increased by 21% to $5.5 million for the three months ended September 30, 2024, compared to $4.5 million in 2023[97] - Net loss before income taxes for the three months ended September 30, 2024, was $(27) million, compared to $(16) million in 2023[93] - For the three months ended September 30, 2024, the net loss was $5.7 million, compared to a net loss of $3.3 million for the same period in 2023, representing an increase of 72%[110] - Adjusted EBITDA for the nine months ended September 30, 2024, was $(6.4) million, an improvement from $(11.6) million in the same period of 2023, indicating a 45% reduction in losses[110] Cash Flow and Investments - As of September 30, 2024, the company had cash, cash equivalents, and short-term investments totaling $109.4 million, with an accumulated deficit of $327.1 million[111] - Net cash used in operating activities for the nine months ended September 30, 2024, was $5.7 million, a decrease from $11.5 million in the same period of 2023, reflecting improved cash flow management[113] - The company repurchased 4.3 million shares of common stock for a total cost of $22.8 million during the nine months ended September 30, 2024, as part of its stock repurchase programs[112] - Net cash provided by investing activities was $15.3 million for the nine months ended September 30, 2024, primarily due to $85.6 million in maturities and sales of short-term investments[115] Business Model and Market Conditions - The company operates an asset-light business model, facilitating shipping and fulfillment logistics without taking physical possession of items sold[74] - The company expects to continue incurring substantial expenditures to support ongoing activities and may need to raise additional capital to achieve long-term business objectives[112] - A hypothetical 100 basis point change in interest rates could result in an approximate $0.7 million increase or decrease in cash, cash equivalents, and short-term investments[122] - The company anticipates that an adverse 10% change in current exchange rates could lead to a decrease of no more than $2.4 million in net revenue for the nine months ended September 30, 2024[123] - No single customer accounted for more than 10% of net revenue for the three and nine months ended September 30, 2024, indicating a diversified customer base[124] - The company's operations and financial condition are presented based on historical cost, indicating potential challenges in accurately measuring inflation's impact[125] - Key metrics such as GMV and net revenue have been negatively affected by macroeconomic factors, including inflation and market volatility[125] - There is a risk that rising costs due to inflation may not be fully offset by increases in net revenue and GMV, potentially harming the business[125] - The company cannot assure that its business will remain unaffected by inflation in the future[125]

Exhibit 99.1 1stDibs Reports Third Quarter 2024 Financial Results New York, NY — November 8, 2024 — 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its third quarter ended September 30, 2024. | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission file number 333-256188 1stdibs.com, Inc. (Exact name of registrant as specified in its charter) Delaware 94-3389618 (State o ...

1stDibs Reports Second Quarter 2024 Financial Results New York, NY — August 6, 2024 — 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights • Net revenue was $22.2 million, an increase of 6% year-over-year. • Gross profit was $15.9 million, an increase of 9% year-over-year. • Gross margin was 71.7%, compared to 69.8% in the se ...

1stdibs.Com, Inc. (NASDAQ:DIBS) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Kevin LaBuz – IR David Rosenblatt - Chairman & CEO Thomas Etergino - CFO Conference Call Participants Nick Jones - Citizens JMP Group Operator Hello everyone, and welcome to the 1stdibs Second Quarter 2024 Earnings Conference Call. Please note that this call is being recorded. [Operator Instructions]. I'd like to hand over the call over to, Kevin LaBuz, Head of Investor Relations. You may begin. K ...

1stdibs.com (DIBS) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -9.09%. A quarter ago, it was expected that this upscale online retailer would post a loss of $0.09 per share when it actually produced a loss of $0.08, delivering a surprise of 11.11%. Over the last four quarters, the compan ...

Exhibit 99.1 1stDibs Reports Second Quarter 2024 Financial Results New York, NY — August 6, 2024 — 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights • Net revenue was $22.2 million, an increase of 6% year-over-year. • Gross profit was $15.9 million, an increase of 9% year-over-year. • Gross margin was 71.7%, compared to 69 ...

1stdibs.Com, Inc. (NASDAQ:DIBS) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Kevin LaBuz - IR David Rosenblatt - Chairman & CEO Thomas Etergino - CFO Conference Call Participants Nick Jones - Citizens JMP Group Operator Thank you for standing by, and welcome to the 1stdibs First Quarter 2024 Earnings Conference Call. [Operator Instructions]. I'd now like to turn the call over to your host, Kevin abuzz, Head of Investor Relations and Corporate Development. You may begin. Kevin ...

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