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UPDATE 1-Etsy tops quarterly revenue estimates on steady demand

Reuters
Updated
In this article:

(Adds share movement)

Feb 22 (Reuters) - Etsy 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. (Reporting by Granth Vanaik in Bengaluru; Editing by Shinjini Ganguli)

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