Shares of Wayfair (NYSE: W) gapped sharply lower today after the company reported disappointing Q4 results. However, W has managed to erase all losses to now trade “only” 4% in the red.

The company reported a Q4 adjusted loss per share of 92 cents, down from EPS of $1.24 in the year-ago period and compared to the consensus estimates of loss per share of 71 cents. Net revenue came in at $3.25 billion, down 11% YOY, and compared to the consensus estimates of $3.29 billion.

Adjusted EBITDA loss in the quarter totaled $4 million, compared to the $263.2 million in the year-ago quarter and compared to the estimated $15.8 million. US adjusted EBITDA stood at $65 million in the period, compared to the analyst consensus of $59.6 million. International adjusted EBITDA loss was reported at $69 million, compared to the estimated loss of $60.3 million.

"As we celebrate Wayfair’s 20th anniversary and the company’s rapid growth to a $14 billion household brand, we are proud of our accomplishments and even more excited about what’s ahead," said Niraj Shah, CEO, co-founder and co-chairman of Wayfair.

By Senad Karaahmetovic | [email protected]