Salt Lake City, based Overstock.com Inc. reported fourth quarter revenues in 2004 totaled $221.3 million, an increase of 80% compared to $123.2 million in revenues for the fourth quarter of 2003.
The direct marketing consumer products liquidation firm reported generating $24.7 million in operating cash flow in 2004. Sales increased between 79% and 88% during each quarter of 2004.
Gross profits for 2004 were $65.8 million, an increase of 158% over last year, the company reported.
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