Overstock.com (OSTK) Tops Q2 EPS by 92c, Revenue Beats

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Go back to Overstock.com (OSTK) Tops Q2 EPS by 92c, Revenue Beats

Overstock.com Reports Q2 2020 Financial Results

July 30, 2020 8:00 AM EDT

SALT 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