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Monday, November 4, 2019

=The RealReal (REAL) reported earnings on Mon 4 Nov 19 (a/h)



The RealReal beats by $0.04, beats on revs; improves GMV, EBITDA guidance

  • Reports Q3 (Sep) loss of $0.27 per share, $0.04 better than the S&P Capital IQ Consensus of ($0.31); revenues rose 55.4% year/year to $80.5 mln vs the $75.9 mln S&P Capital IQ Consensus. 
  • Gross Merchandise Volume (GMV) increased 48% to $81.8 million to $252.8 mln vs. $233-239 mln guidance; EBITDA margin 26% vs. (30-28%) guidance
  • Sees Q4 GMV $292-300 mln EBITDA margin (15-14%).
  • Raises Fy19 GMV to $997-1005 mln from $974-988 mln.
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