Beyond, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 06, 2024 at 05:30 pm EDT
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Beyond, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 382.28 million compared to USD 381.14 million a year ago. Net loss was USD 72.24 million compared to USD 10.31 million a year ago.
Basic loss per share from continuing operations was USD 1.58 compared to USD 0.23 a year ago. Diluted loss per share from continuing operations was USD 1.58 compared to USD 0.23 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. 
