Overstock.com's Q4 2019 results showed a decrease in revenue compared to Q4 2018, but also an improvement in net loss. The company focused on returning to retail profitability and made progress in its retail business, while tZERO also showed progress on its platform.
Revenue decreased by 18% compared to Q4 2018, totaling $370.9 million.
Gross profit decreased by 6% compared to Q4 2018, amounting to $76.5 million.
Net loss improved by $15.3 million compared to Q4 2018, resulting in a net loss of $27.0 million.
Diluted net loss per share improved by $0.66/share compared to Q4 2018, with a loss of $0.73/share.
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