Shares of Etsy Inc. rallied in Monday’s extended session after the craft-oriented e-commerce company swung to a quarterly profit. Etsy reported third-quarter earnings of $25.8 million, or 21 cents a share, versus a loss of $2.4 million, or 2 cents a share, a year earlier. Revenue grew 21.5% to $106.4 million while gross merchandise sales increased 13.2% to $766.4 million. Analysts surveyed by FactSet had projected earnings of 7 cents a share on revenue of $105 million. The company reiterated its 2017 revenue outlook of 18% to 20% growth from the previous year. Etsy shares gained 2% after hours.
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