By Christopher Kuo
ThredUp shares rose after the company posted double-digit growth of its active buyers numbers.
Shares of the thrift marketplace company rose 15% on Tuesday to $5.05. The company's shares are still down 21% year to date.
The company on Monday posted a first-quarter loss of $6.5 million, or 5 cents a share, compared with a loss of $5.2 million, or 4 cents a share, a year earlier. Analysts polled by FactSet were expecting a loss of 5 cents a share.
Active buyers jumped 25% year over year to 1.71 million, the company said.
Revenue rose 15% to $81.7 million. Analysts expected $80.2 million.
Write to Christopher Kuo at chris.kuo@wsj.com
(END) Dow Jones Newswires
May 05, 2026 15:59 ET (19:59 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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