ThredUp Inc. (NASDAQ:TDUP) is a must-buy small-cap stock following solid second-quarter results. Revenue increased 16% to $77.7 million with a gross profit of $61.7 million. Active buyers rose 17% to 1.47 million, and orders purchased grew 21% to 1.54 million. Loss from continuing operations shrank to $5.2 million.

ThredUp anticipates continued growth in the third quarter with revenue expected to range between $76 million and $78 million, representing a 25% year-over-year increase. Gross margin is projected to be between 77% and 79%. The company specializes in online consignment and thrift store services for women and children’s clothing, shoes, and accessories.

While ThredUp (NASDAQ:TDUP) shows investment potential, other AI stocks may offer greater upside. The company benefits from AI investments driving buyer and seller acquisition. Explore other undervalued AI stocks with significant growth potential in our free report.

Read more at Yahoo Finance: ThredUp (TDUP) Forecasts 25% Q3 Revenue Growth as Q2 Results Impress