Shares of RealReal (REAL) were higher after the online seller of pre-owned luxury goods said revenue for the three months ended in June jumped 51% from a year earlier to $71 million.
RealReal posted a wider-than-expected loss of $2.83 a share in the second quarter.
The company said gross merchandise volume rose 40% in the second quarter to $228.5 million.
It was RealReal's first earnings report as a public company. Its initial public offering in late June was priced at $20.
The stock was rising 2.72% in trading Wednesday to $17.46 .