Jeremy C. Owens / MarketWatch:
Etsy reports Q1 revenue of $579M, up just 5.2% YoY, vs $576M est., with Q2 revenue guidance of $540M to $590M, under $627M est.; stock drops 11%+ — Despite beating expectations for earnings and revenue in the first quarter after raising rates for sellers on the platform, Etsy executives predict a downturn in the second quarter
Brought to you by USA Today Read the rest of the article here.