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MIDVALE, Utah (AP) – Overstock.com Inc. (OSTK) on Friday reported a loss of $27 million in its fourth quarter.
The Midvale, Utah-based company said it had a loss of 73 cents per share. The online discount retailer posted revenue of $370.9 million in the period.
For the year, the company reported that its loss narrowed to $121.8 million, or $3.46 per share. Revenue was reported as $1.46 billion.
Last week the company's shares closed at $3.41. A year ago, they were trading at $21.93.