The luxury industry might be going a little sideways right now, but The RealReal Inc. has its sights set higher, raising its outlook for the year.

The resale pioneer’s third-quarter revenues increased 17 percent to $174 million, producing a gross merchandise volume of $520 million. Over the past year the company’s annual active buyer count rose by 7 percent to 1 million.

Third-quarter adjusted earnings before interest, taxes, depreciation and amortization rose to $9.3 million from $2.3 million a year earlier.

Adjusted losses per share narrowed to 4 cents from 9 cents in the third quarter last year, better than the 6 cent deficit analysts projected, according to Yahoo Finance.

Net losses totaled $54 million, including a $44 million loss on a change in the fair value of the company’s w

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