Shares of ThredUp Inc. (NASDAQ: TDUP) surged 18.24% in pre-market trading on Tuesday following the company's impressive first-quarter 2025 earnings report and raised full-year guidance. The online fashion resale marketplace demonstrated strong performance, beating analyst expectations on multiple fronts.

ThredUp reported Q1 revenue of $71.29 million, marking a 10.5% year-over-year growth and surpassing Wall Street estimates of $68.32 million. The company's GAAP loss per share came in at $0.04, significantly better than the expected loss of $0.07 per share. Notably, ThredUp achieved a record quarter for new buyer acquisition, indicating growing popularity of its platform.

Adding to investor optimism, ThredUp raised its full-year revenue guidance to $286 million at the midpoint, up 4% from the previous $275 million forecast. The company also reported improved operating margins and free cash flow, signaling progress towards profitability. CEO James Reinhart expressed pride in the quarter's outperformance, highlighting the record new buyer acquisition as a key achievement. As ThredUp continues to gain traction in the growing online resale market, investors appear bullish on the company's growth prospects and improving financial metrics.