Overstockcom

Overstock.com (OSTK): Will the Blockchain Gambit Pay Off?

Shares of Overstock.com Inc. (NASDAQ: OSTK) plunged more than 15% on Wednesday after markets caught wind that CEO Patrick Byrne had sold 500,000 units of company stock. The nature of this large-scale liquidation is unknown, which is making some investors uneasy about the direction of the company. However, Overstock’s pivot toward blockchain technology and its …

Overstock.com (OSTK): Will the Blockchain Gambit Pay Off? Read More »

Overstock.com Earnings: OSTK Stock Soars on Upbeat Guidance

Overstock.com earnings for the first quarter of 2019 have OSTK stock up on Thursday. Source: Shutterstock Starting off the good news for Overstock.com (NASDAQ:OSTK) is the company increasing it guidance for 2019. This has the company upping its Retail Adjusted EBITDA guidance for the year from $10 million to $15 million. Overstock.com says that there …

Overstock.com Earnings: OSTK Stock Soars on Upbeat Guidance Read More »

Overstock.com Reports Q1 2019 Results

Consolidated revenue of $368 million (17% decline) and pre-tax loss of $42 million;Retail contribution (non-GAAP financial measure) of $39 million (111% growth) SALT LAKE CITY, May 09, 2019 (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 March 31, 2019. Dear …

Overstock.com Reports Q1 2019 Results Read More »

Overstock.com Reports Q4 2018 Results

Consolidated revenue of $453 million (-1% growth) and pre-tax loss of $49.9 million;CEO commits to a return to profitability for the retail business in 2019, commits Retail will generate a minimum positive $10 million operating cash flow for 2019 SALT LAKE CITY, March 18, 2019 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK), a tech-driven online retailer …

Overstock.com Reports Q4 2018 Results Read More »