Overstock.com, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013
January 30, 2014 at 07:59 pm IST
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Overstock.com Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported total net revenue of $397,593,000 against $342,034,000 a year ago. Operating income was $1,527,000 against $7,892,000 a year ago. Net income before income taxes was $967,000 against $9,090,000 a year ago. Net income was $73,581,000 or $3.01 per diluted share against $8,787,000 $0.37 per diluted share a year ago.
For the fiscal 2013, the company reported total net revenue of $1,304,217,000 against $1,099,289,000 a year ago. Operating income was $16,565,000 against $12,161,000 a year ago. Net income before income taxes was $16,344,000 against $15,154,000 a year ago. Net income was $88,509,000 or $3.64 per diluted share against $14,669,000 $0.62 per diluted share a year ago. Net cash provided by operating activities was $83,645,000 against $28,145,000 a year ago. Expenditures for fixed assets, including internal-use was $18,067,000 against $12,489,000 a year ago.
Beyond, Inc. is an e-commerce company. The Company owns Overstock, Bed Bath & Beyond, Baby & Beyond, Zulily, and other related brands and associated intellectual property. Its suite of online shopping brands feature various products. Bed Bath & Beyond is an online furniture and home furnishings retailer in the United States and Canada. Its e-commerce Website sells a range of home products, including furniture, bedding and bath, patio and outdoor, area rugs, tabletop and cookware, decor, storage and organization, small appliances, home improvement, and more. It offers additional products or services, including Business Advertising Opportunities, Marketplace Services, International Sales Support, and Supplier Oasis Integration. Its Supplier Oasis platform is a singular integration point that enables its partners to manage their products, inventory, and sales channels. It also facilitates international sales for customers outside the United States through third-party logistics providers.
BEYOND, INC. 
