Overstock.com (OSTK) Misses Q4 EPS by 48c

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Overstock.com Reports Q4 2018 Results

March 18, 2019 8:01 AM EDT

Consolidated revenue of $453 million (-1% growth) and pre-tax loss of $49.9 million;CEO commits to a return to profitability for the retail business in 2019, commits Retail will generate a minimum positive $10 million operating cash flow for 2019

SALT LAKE CITY, March 18, 2019 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ: OSTK), a tech-driven online retailer and advancer of blockchain technology, today reported financial results for the quarter ended December 31, 2018.

My fellow shareholders,

Our blockchain projects are some of the most significant and cutting edge in the world, and... More