A Look at Etsy’s Margin Expectations for 1Q18
In 1Q18, analysts expect Etsy (ETSY) to report a gross margin of 64.4%, compared with 64.2% in 1Q17. The company expects its adjusted EBITDA to reach $22.5 million, a significant improvement over the $9.7 million reported in 1Q17. Its adjusted EBITDA margin is expected to be 18.8%, compared with 10.0% reported in 1Q17. Etsy is working on improving its margin numbers by implementing operational efficiency and expense discipline.