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RealReal Q2 Earnings Call Highlights
['Jeff Wilder']
Daily Political
Raised Outlook and Cash Flow ExpectationsThe company ended the quarter with $134 million in cash equivalents and restricted cash.
For the third quarter, The RealReal forecast GMV of $610 million to $620 million, representing 17% to 19% year-over-year growth.
Revenue is projected at $194 million to $198 million, up 12% to 14%, with adjusted EBITDA expected between $13.5 million and $14.5 million.
It expects revenue of $788 million to $797 million, or growth of 14% to 15%, and adjusted EBITDA of $66 million to $69 million.
About RealReal (NASDAQ:REAL)The RealReal, Inc (NASDAQ: REAL) operates an online marketplace specializing in the authenticated resale of luxury goods.