Amazon shares rose 11 percent during Tuesday's after-hours session after the Internet shopping-site operator reported a narrower-than-expected quarterly loss.
Published:
25 October 2000 y., Wednesday
Amazon shares rose 11 percent during Tuesday's after-hours session after the Internet shopping-site operator reported a narrower-than-expected quarterly loss.
In other after-the-bell news, Hewlett-Packard agreed to buy Bluestone Software, and Nortel Networks, Siebel Systems, Compaq and Fairchild Semiconductor announced quarterly financial results.
Amazon AMZN shares rose $3.25 to $32.81 on Island ECN after closing down 44 cents to $29.56 in Tuesday trading on the Nasdaq.
Amazon reported a third-quarter pro forma net loss of $68 million, or 25 cents per share, compared with $79 million, or 26 cents a share, during the same quarter last year.
Analysts surveyed by First Call expected a loss of 33 cents a share, on average. Revenue was $638 million, compared with $356 million during the same quarter last year.
Amazon's international sales increased 121 percent to $88 million from $40 million during the same quarter last year.
Šaltinis:
CBS.MW
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Most EU countries continue to meet deadlines for incorporating single market rules into national law, contributing to economic growth and job creation.
more »
Japanese officials unveil their new bullet train, capable of travelling at speeds of 320 km per hour (198 miles per hour).
more »
The first International Security Technology Exhibition, KIPS 2011, will be held on 23-26 February 2011 in Kiev (Ukraine). The motto of the exhibition is ‘There can never be too much security!’
more »
The world's highest restaurant opens in Dubai, United Arab Emirates, located 400 metres above ground in Burj Khalifa, the world's tallest tower.
more »
The rights of consumers will be clarified and updated, whether they shop at a local store or buy goods on line, under new EU rules as amended by the Internal Market Committee on Tuesday.
more »
MEPs on Wednesday gave their green light for the Council to conclude an Interim Economic Partnership Agreement with Papua New Guinea and Fiji, two countries of the Pacific Region with significant exports to the EU.
more »
Report sets 10 priorities for tackling the bloc's main economic challenges, launching the first ever ‘European semester'.
more »
China's first capsule hotel ready to open its doors in Shanghai, aims to capture slice of booming leisure budget travel market.
more »
Declaration by Michel Barnier on the start of three new authorities for supervision.
more »
On 1 January, Estonia adopted the euro as its official currency and the changeover is running smoothly and according to plan.
more »