09:24 AM EDT, 08/01/2024 (MT Newswires) -- Wayfair ( W ) reported Q2 adjusted earnings Thursday of $0.47 per diluted share, up from $0.21 a year earlier.

That result matched the average estimate of analysts polled by Capital IQ.

Net revenue for the quarter ended June 30 was $3.12 billion, down from $3.17 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.18 billion.

The company's shares were down 11% in recent Thursday premarket activity.

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