Overstock.com (OSTK) Misses Q1 EPS by 9c
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Overstock.com Reports Q1 2015 Results
April 27, 2015 4:00 PM EDTSALT LAKE CITY, April 27, 2015 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (Nasdaq: OSTK) today reported financial results for the quarter ended March 31, 2015.
Key Q1 2015 metrics (comparison to Q1 2014):
Revenue: $398.3M vs. $341.2M (17% increase); Gross profit: $75.4M vs. $64.0M (18% increase); Gross margin: 18.94% vs. 18.76% (18 basis point increase); Sales and marketing expense: $28.0M vs. $23.4M (20% increase); Contribution (non-GAAP measure): $47.5M vs. $40.6M (17% increase); G&A/Technology expense: $43.6M vs. $34.9M (25% increase); Pre-tax income: $4.5M vs. $6.6M ($2.1M decrease); Provision for income taxes: $1.9M vs. $2.6M ($650,000 decrease); Net... More