© Reuters. FILE PHOTO: A sign advertising the online seller Etsy Inc. is seen outside the Nasdaq market site in Times Square following Etsy’s initial public offering (IPO) on the Nasdaq in New York April 16, 2015. REUTERS/Mike Segar/File Photo
(Reuters) – Etsy (NASDAQ:) Inc on Wednesday topped Wall Street expectations for quarterly revenue, benefiting from steady demand for products offered on its e-commerce platform such as home goods, clothes, jewelry and accessories.
Shares of the company rose about 6% in extended trading.
The company’s net revenue rose to $807.2 million in the quarter from $717.1 million a year earlier. Analysts on average had expected revenue of about $751.8 million, as per Refinitiv IBES data.