Wayfair misses by $0.02, beats on revs;
- Reports Q1 (Mar) loss of $0.91 per share, excluding non-recurring items, $0.02 worse than the Capital IQ Consensus of ($0.89); revenues rose 46.2% year/year to $1.4 bln vs the $1.36 bln Capital IQ Consensus.
- Direct Retail net revenue, consisting of sales generated primarily through Wayfair's sites, increased $448.5 million to $1.4 billion, up 47.7% year over year
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