Overstock: 2Q Earnings Snapshot


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

MIDVALE, Utah (AP) _ Overstock.com Inc. (OSTK) on Thursday reported second-quarter net income of $36.4 million, after reporting a loss in the same period a year earlier.

The Midvale, Utah-based company said it had net income of 84 cents per share.

The online discount retailer posted revenue of $782.5 million in the period.

Overstock shares have increased eightfold since the beginning of the year. The stock has more than doubled in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSTK at https://www.zacks.com/ap/OSTK

Copyright © 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Automated Insights
    KSL.com Beyond Series
    KSL.com Beyond Business

    KSL Weather Forecast

    KSL Weather Forecast
    Play button