Etsy Inc

+0.03 (+0.02%)
4:56:43 PM EDT: $169.35 -0.32 (-0.19%)
Divestitures / Spin-offs, Earnings Announcements

BRIEF-H-Farm To Exceed Planned Targets After Etsy Buys Depop

Published: 06/02/2021 12:40 GMT
Etsy Inc (ETSY) - June 2 (reuters) - H-farm Spa :.
Depop, the Startup Born in H-farm in 2011, Sold for Over 1.6 Billion Dollars to Etsy.
Thanks to Earn-out Clause, H-farm Will Collect About Further EUR 6 Million And, Against Initial Investment of EUR 792,000, Reaching Total of Euro 11 Million in Receipts.
With the Consideration of Earn-out, H-farm Will Exceed Expectations of Business Plan.
Revenue is expected to be $522.3 Million
Adjusted EPS is expected to be $0.63

Next Quarter Revenue Guidance is expected to be $524.08 Million
Next Quarter EPS Guidance is expected to be $0.61

More details on our Analysts Page.