(Reuters) – Etsy Inc on Wednesday topped Wall Street expectations for quarterly revenue, benefiting from steady demand for products offered on its e-commerce platform such as home goods, clothes, jewelry and accessories.
Shares of the company rose about 6% in extended trading.
The company’s net revenue rose to $807.2 million in the quarter from $717.1 million a year earlier. Analysts on average had expected revenue of about $751.8 million, as per Refinitiv IBES data.
(Reporting by Granth Vanaik in Bengaluru; Editing by Shinjini Ganguli)
