Overstock reported an 84% year-over-year increase in net revenue for the fourth quarter, reaching $684 million. Net income attributable to stockholders was $13 million, and diluted earnings per share was $0.26. The company's full-year net revenue grew by 75% to $2.5 billion, with a net income of $56 million.
Total net revenue increased by 84% year over year to $684 million.
Gross profit was $153 million, representing 22.4% of total net revenue.
Net income attributable to stockholders improved by $40 million year over year, reaching $13 million.
Diluted earnings per share improved by $0.99 year over year, reaching $0.26.
Overstock's mantra in 2021 is sustainable, profitable, market share growth.
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