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BRIEF-Overstock Reports Q2 2022 Financial Results

BRIEF-Overstock Reports Q2 2022 Financial Results

Reuters · 07/28/2022 06:04
BRIEF-Overstock Reports Q2 2022 Financial Results

- Overstock.com Inc OSTK:

  • OVERSTOCK ANNOUNCES SECOND QUARTER 2022 FINANCIAL RESULTS

  • Q2 EARNINGS PER SHARE $0.12

  • Q2 REVENUE FELL 34 PERCENT TO $528 MILLION

  • QTRLY ACTIVE CUSTOMERS OF 6.5 MILLION, A DECREASE OF 29% YEAR OVER YEAR

  • QTRLY AVERAGE ORDER VALUE OF $247, AN INCREASE OF 16% YEAR OVER YEAR

  • QTRLY ORDERS PER ACTIVE CUSTOMER, MEASURED AS LTM ORDERS DIVIDED BY ACTIVE CUSTOMERS, OF 1.65, A DECREASE OF 2% YEAR OVER YEAR

  • Q2 EARNINGS PER SHARE VIEW $0.30, REVENUE VIEW $600.7 MILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:

Further company coverage: OSTK


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