Etsy, Inc. (ETSY) Wednesday reported net income of $28.84 million or $0.25 per share for the second quarter, lower than 53.01 million or $0.41 per share in the same quarter a year ago, reflecting a non-cash foreign exchange loss of $25.4 million.
On average, 25 analysts expected earnings of $0.49 per share. Analysts' estimates typically exclude special items.
Income from operations increased to $76.43 million from $70.17 million in the prior year.
Revenue for the quarter grew 3.8% to $672.66 million from $647.81 million last year. The consensus estimate was for $647.63 million.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.