Overstock.com (OSTK) Tops Q3 EPS by 73c, Revenues Rise 111%

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Overstock Reports Q3 2020 Financial Results

October 29, 2020 8:01 AM EDT

Quarterly net income of $23 million and total net revenue of $732 million

SALT LAKE CITY, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ: OSTK) today reported financial results for the quarter ended September 30, 2020.

Third Quarter Financial Highlights

Total net revenue was $732 million, an increase of 111% year over yearGross profit was $171 million or 23% of total net revenue, an increase of 330 basis points year over yearNet income attributable to stockholders of Overstock.com, Inc. was... More