Overstock.com (OSTK) Reports Q4 EPS of $0.53 as Revenues Grow 4%
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Overstock.com Reports Q1 2016 Results
May 3, 2016 4:07 PM EDTSALT LAKE CITY, May 03, 2016 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ: OSTK) today reported financial results for the quarter ended March 31, 2016.
Key Q1 2016 metrics (comparison to Q1 2015):
Revenue: $413.7M vs. $398.3M (4% increase);Gross profit: $77.3M vs. $75.4M (2% increase);Gross margin: 18.7% vs. 18.9% (25 basis point decrease);Sales and marketing expense: $31.5M vs. $28.0M (12% increase);Contribution (non-GAAP measure): $50.0M vs. $48.2M (4% increase);G&A/Technology expense: $47.6M vs. $43.6M (9% increase);Pre-tax income: $22.1M vs. $4.5M (includes litigation settlement received of $19.5M);Provision for income taxes: $9.0M vs. $1.9M... More