Advertisement
UK markets closed
  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     
  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     
  • AIM

    771.53
    +3.42 (+0.45%)
     
  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     
  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     
  • Bitcoin GBP

    50,470.33
    +523.71 (+1.05%)
     
  • CMC Crypto 200

    1,315.59
    +38.61 (+3.02%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • DOW

    38,675.68
    +450.02 (+1.18%)
     
  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     
  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     
  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     
  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     
  • DAX

    18,001.60
    +105.10 (+0.59%)
     
  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     

Why Overstock’s 4Q17 Revenue Performance Disappointed

Why Overstock’s 4Q17 Revenue Performance Disappointed

According to the company, changes in natural search engine algorithms made by Google negatively affected its top line performance. The company added that its initiatives to boost revenue from other marketing channels, such as email and search engines, provided some cushioning. In 4Q17, revenue from the Direct Revenue channel fell 28% to $18.5 million, and revenue from the Partner and Other Revenue channel fell 12.5% to $437.8 million.