Overstock.com (OSTK) Reports Q2 Loss of $2.20, Revenues Beat

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Go back to Overstock.com (OSTK) Reports Q2 Loss of $2.20, Revenues Beat

Overstock.com Reports Q2 2018 Results

August 9, 2018 4:05 PM EDT

Consolidated revenue of $483 million (12% growth) and pre-tax loss of ($65.9) million

SALT LAKE CITY, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ: OSTK), a tech-driven online retailer and advancer of blockchain technology, today reported financial results for the quarter ended June 30, 2018.

Dear Owners,

Recently an investor lamented to me that Overstock is among the most difficult-to-value stocks on Wall Street. While that is regrettable, I have always tended to be less concerned with making valuation easy and more concerned with building value in the firm for you,... More