Overstock.com (OSTK) Misses Q2 EPS by 6c, Sales Beat
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Overstock.com Reports Q2 2015 Results
August 6, 2015 4:00 PM EDT17% revenue growth; pre-tax net income of $3.3 million; net income of $1.7 million
SALT LAKE CITY, Aug. 6, 2015 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ: OSTK) today reported financial results for the quarter ended June 30, 2015.
Key Q2 2015 metrics (comparison to Q2 2014):
Revenue: $388.0M vs. $332.5M (17% increase); Gross profit: $73.7M vs. $62.6M (18% increase); Gross margin: 19.0% vs. 18.8% (15 basis point increase); Sales and marketing expense: $28.1M vs. $23.5M (19% increase); Contribution (non-GAAP measure): $45.6M vs. $39.1M (17% increase); G&A/Technology expense: $43.5M vs. $37.3M (17% increase); Pre-tax income: $3.3M vs. $2.3M (40% increase);... More