Today's Hard|Forum Post
Today's Hard|Forum Post

Thursday October 24, 2013

Amazon Reports $17B In Sales For Q3

Amazon's Q3 earnings beat Wall Street's expectations, but not by much.

Amazon just barely beat Wall Street's expectations Thursday when it reported a loss of $41 million, or 9 cents-per-share, in the third quarter and net sales of $17.09 billion. Analysts were expecting a 9 cent-per-share loss on $16.76 billion in revenue for the quarter. The net sales figure is a 24 percent increase from last year.