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Benzinga
Benzinga
Business
Adam Eckert

Why Poshmark Shares Are Trading Lower After Hours

Posh Poshmark Nasdaq

Poshmark Inc (NASDAQ:POSH) shares are trading lower in Tuesday's after-hours session after the company reported financial 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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