Poshmark, Inc. (POSH) is a social marketplace for new and second-hand style products, with over 80 million users in the U.S., Canada, and Australia. Recently, Poshmark delivered better-than-expected Q2 fiscal 2021 performance on both revenue and earnings fronts. Let’s take a look at the company’s latest financials, along with what has changed in its key risk factors that investors should be aware of. Poshmark’s net revenue in Q2 increased 22% year-over-year to $81.8 million, beating consensus estimates of $80.3 million. Its gross merchandise value (GMV) increased 25% over the previous year to $449.6 million.
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Poshmark (NASDAQ:POSH)
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Poshmark (NASDAQ:POSH)
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