Company Earnings Update 3 minutesRegister for Free AccessFarfetch (NYSE: FTCH) 1Q19 Results: Strong Growth Driven by Platform GMV Coresight Research May 16, 2019 Executive Summary Farfetch 1Q19 revenues grew 38.6% to $174.1 million, beating the $171.1 million consensus estimate, primarily driven by 43.2% growth in platform services revenue to $141.8 million. GMV rose 43.2% to $419.3 million, driven mainly by an increase of 64.3% in active consumers to 1.7 million. The company reported adjusted EPS of $(0.22), missing the $(0.15) consensus estimate but improving from $(0.18) in the year-ago quarter. Guidance for 2019 includes 41% growth in GMV and an adjusted EBITDA margin of (16-17)%, slightly higher than the 4Q18’s outlook of 40% growth in GMV and an adjusted EBITDA margin of (18-19)%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US Consumer Tracker Extra: Seasonal Shopping, 2Q23—Easter, Mother’s Day, Father’s Day and Holiday 2023Calm Before Holiday Shopping Season Begins: US Consumer Survey Insights 2023, Week 42US CPG Sales Tracker: Lowest In-Store Sales Growth Rate in Two YearsRevolutionize Your Product Launch Strategy: Leveraging Generative AI Applications for Enhanced Speed and Profitability