Etsy Shares Rise as Sales and Active Buyers Increase, EBITDA Outlook Adjusted

Etsy shares gained before the U.S. market opened Wednesday, Oct. 28, after the company posted higher sales and an increase in active buyers.

Etsy’s results beat Wall Street expectations for revenue and earnings. More active buyers and disciplined expense management helped drive the performance.

The company also adjusted its EBITDA outlook for the year.