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Overstock.com (OSTK +8.1%) surges after reporting Q4 revenue of $342M (+9% Y/Y, the highest...

  • Thursday, January 24, 2:02 PM ET
    Overstock.com (OSTK +8.1%) surges after reporting Q4 revenue of $342M (+9% Y/Y, the highest growth rate in years) and EPS of $0.37 (up from -$0.15 in Q4 '11). EPS was lifted by a 170 bps Y/Y increase in gross margin to 17.9%, and a 4% drop in G&A/technology spending to $32.7M. Average order size rose 15% Y/Y to $132. Bigger peers Amazon (AMZN +1.7%) and eBay (EBAY +2.3%) are also higher. (slides)
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This news story has 2 comments:

  •  
    (OSTK) is not that much different from an early (AMZN). The only difference, (AMZN) was an pioneer.
    24 Jan, 04:20 PM Reply Like
  •  
    OSTK is quite different from AMZN from very beginning. AMZH started selling book, much profitable while OSTK started selling over stocked items, not much profitable. Now AMZN has to collect tax, OSTK get sale from tax-free shoppers.
    24 Jan, 08:18 PM Reply Like
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