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Beyond Stock Jumps on Earnings Beat. Its Customer Base Is Growing.

Sabrina Escobar
·2-min read
Beyond Stock Jumps on Earnings Beat. Its Customer Base Is Growing.

Beyond posted an adjusted net loss of 76 cents per share for the quarter ended June 30, better than analyst projections for a loss of 83 cents a share, according to FactSet. The company has posted a series of disappointing quarters over the past six months, making Monday’s report a welcome reprieve for investors. Beyond is in the midst of a multiyear plan to establish itself as a leading player in the online furniture marketplace.

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