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Etsy’s 1Q18 Revenues Projected to See a Double-Digit Increase

Etsy’s 1Q18 Revenues Projected to See a Double-Digit Increase

Online retailer Etsy (ETSY) is slated to announce its 1Q18 results on May 8. Analysts expect Etsy to report revenues of $119.3 million, up 23.1% on a YoY (year-over-year) basis. After being pegged by several activist investors, the company is aggressively cutting costs and investing heavily in improving its digital platform. Etsy appointed Josh Silverman as its new CEO, replacing Chad Dickerson.