Overstock.com (OSTK) Tops Q2 EPS by 92c, Revenue Beats
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Overstock.com Reports Q2 2020 Financial Results
July 30, 2020 8:00 AM EDTSALT LAKE CITY, July 30, 2020 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ: OSTK) today reported financial results for the quarter ended June 30, 2020.
Second Quarter Financial Highlights
Total net revenue was $783 million, an increase of 109% year over yearGross profit was $180 million or 23.0% of total net revenue, an improvement of 321 basis points year over yearNet income attributable to stockholders of Overstock.com, Inc. was $36 million, an improvement of $61 million year over yearDiluted earnings per share was $0.84, an improvement of $1.53 year over yearAdjusted EBITDA (non-GAAP) was $42 million,... More