Poshmark, Inc. (POSH) is a social marketplace that combines the human connection of a physical shopping experience with the scale, reach, ease, and selection benefits of e-commerce. The Redwood City. Calif.-based company curates its marketplace into lifestyle categories, including apparel, accessories, footwear, home, beauty, and pets.
POSH revenue guidance was in the range of $86 - $88 million and an adjusted EBITDA loss of $7 - $9 million for the first quarter, ending March 31, 2022. The guidance was lower than analysts’ expectations.
