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Benzinga
Benzinga
Business
Adam Eckert

DARK SECRETS: Why poshmark shares are falling today | Vintage Vibes

Poshmark Inc (NASDAQ:POSH) shares are trading lower Wednesday after the company reported worse-than-expected earnings results and issued guidance below estimates.

Poshmark said fourth-quarter revenue increased 22% year-over-year to $84.2 million, which beat the $80.59 million estimate. The company reported a quarterly earnings loss of 19 cents per share, which was worse than the estimate for a loss of 18 cents per share.

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