The ODP Corporation Announces Second Quarter 2020 Results

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Go back to The ODP Corporation Announces Second Quarter 2020 Results

ODP Corporation (ODP) Misses Q2 EPS by 15c

August 5, 2020 6:51 AM EDT

ODP Corporation (NASDAQ: ODP) reported Q2 EPS of ($0.07), $0.15 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $2.16 billion versus the consensus estimate of $2.12 billion.

Completed Holding Company Reorganization And Initiated Strategic Restructuring Plan With B2B FocusOperational Execution And Broad Ecosystem Met Customer Needs During Challenging Period Due To PandemicMaintained Strong Balance Sheet with $1.5 Billion In Total Available LiquidityGAAP Results Include Non-Cash Impairment Charges Related To Goodwill And Other IntangiblesAnnounced CFO And CTO Appointments With Strong B2B... More