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The RealReal Sees Q3 Revenue $135M-$142M Vs $144.15 Est.; FY24 Revenue $580M-$595M Vs $588.97M Est.

Author: Benzinga Newsdesk | August 06, 2024 05:56pm

Q3 and Full Year 2024 Guidance

Based on market conditions as of August 6, 2024, we are updating our full year guidance and providing guidance for third quarter 2024 GMV, total revenue and Adjusted EBITDA, which is a Non-GAAP financial measure.

We have not reconciled forward-looking Adjusted EBITDA to net income (loss), the most directly comparable GAAP measure, because we cannot predict with reasonable certainty the ultimate outcome of certain components of such reconciliations including payroll tax expense on employee stock transactions that are not within our control, or other components that may arise, without unreasonable effort. For these reasons, we are unable to assess the probable significance of the unavailable information, which could materially impact the amount of future net income (loss).

Q3 2024Full Year 2024 
GMV$410 - $430 million$1.79 - $1.82 billion
Total Revenue$135 - $142 million$580 - $595 million
Adjusted EBITDA$(2) - $1 million$0 - $6 million

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