Seeking Alpha (OSTK +8.1%) surges after reporting Q4 revenue of $342M (+9% Y/Y, the highest... (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)
Comments (2)
  • Michael Bryant
    , contributor
    Comments (5369) | Send Message
    (OSTK) is not that much different from an early (AMZN). The only difference, (AMZN) was an pioneer.
    24 Jan 2013, 04:20 PM Reply Like
    , contributor
    Comments (212) | Send Message
    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 2013, 08:18 PM Reply Like
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