Loading...
•
Mar 31, 2022
Beyond Q1 2022 Earnings Report
Reported eighth consecutive quarter of profitability and repurchased shares.
Key Takeaways
Overstock.com reported its first quarter 2022 financial results, marking the eighth consecutive quarter of profitability. The company's total net revenue was $536 million, a decrease of 19% year over year. Diluted earnings per share were $0.21.
Total net revenue was $536 million, a decrease of 19% year over year.
Gross profit was $125 million or 23.4% of total net revenue.
Diluted earnings per share were $0.21.
Cash and cash equivalents totaled $493 million at the end of the first quarter.
Forward Guidance
Looking ahead, Overstock believes its unique business model positions it favorably to navigate through various macro scenarios and continue to take market share.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...