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
European cities may still be feeling the pinch of the global recession.
more »
The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields.
more »
The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars.
more »
Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit.
more »
In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday.
more »
Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’.
more »
The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg.
more »
EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business.
more »
Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday.
more »