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
The European Commission approved an application from Spain for assistance from the EU Globalisation Adjustment Fund (EGF).
more »
The European Commission today reiterated the potential of existing EU-rules on mediation in cross-border legal disputes, reminding Member States that these measures can only be effective if put in place by Member States at national level.
more »
Exports of animals and animal products from the European Union to Russia are expected to receive a boost after five new certificates for exports between the EU and the Russian Federation entered into force on August 15.
more »
World Bank Group President Robert B. Zoellick visited Moldova on August 11-12 at the invitation of Prime Minister Vlad Filat.
more »
These are the financial results of the banking activities of the Danske Bank Group in Lithuania (Danske Bankas and Danske Lizingas UAB).
more »
The European Investment Bank (EIB) today signed its first loan agreement with Armenia.
more »
Given the worsening food crisis in the Sahel, the Commission today agreed to disburse €14.9 million for food security in Niger, the worst affected country in the area.
more »
The European Commission has cleared under the EU Merger Regulation the proposed restructuring of Arnotts' debts in return for a transfer of control to Anglo Irish Bank and Royal Bank of Scotland (RBS).
more »
The European Commission today approved a new financial support package of €135 million for Morocco.
more »
The European Commission is allocating an extra €10 million in humanitarian aid for Liberia.
more »