Wayfair beats by $0.18, beats on revs
- Reports Q4 (Dec) loss of $1.12 per share, excluding non-recurring items, $0.18 better than the S&P Capital IQ Consensus of ($1.30); revenues rose 40.0% year/year to $2.01 bln vs the $1.97 bln S&P Capital IQ Consensus.
- Direct Retail net revenue, consisting of sales generated primarily through Wayfair's sites, increased $576.6 million to $1,995.8 million, up 40.6% year over year
- The number of active customers in our Direct Retail business reached 15.2 million as of December 31, 2018, an increase of 37.9% year over year
- LTM net revenue per active customer was $443 as of December 31, 2018, an increase of 5.0% year over year