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Overstock: Q1 Earnings Snapshot

April 28, 2022 GMT

MIDVALE, Utah (AP) _ Overstock.com Inc. (OSTK) on Thursday reported first-quarter profit of $10.1 million.

On a per-share basis, the Midvale, Utah-based company said it had profit of 21 cents.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.

The online discount retailer posted revenue of $536 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSTK at https://www.zacks.com/ap/OSTK