RealReal's Q3 FY2023 results exceed expectations, yet the ne...

RealReal's Q3 FY2023 results exceed expectations, yet the next quarter's revenue guidance is worrisome. The number of orders and active buyers falls short, but improvements in order values, gross margin, and adj. EBITDA are positive. Despite the promising pivot towards high-margin consignment and solid cash position, a thorough evaluation considering valuation, business quality, and recent performance is advised.