Amazon losses increase in third quarter

Amazon has reported increased third quarter losses of $437m (£273m), prompting shares to tumble in after hours trading in New York. The internet giant’s losses were significantly higher than in the same quarter last year when it reported a $41m (£25.57m) deficit.  The company reported the losses despite achieving high sales, which were up  by 20% to $20.58bn (£12.84bn) in the third quarter, up from $17.09bn in 2013. Continue reading at 'The Bookseller'

[ The Bookseller | 2014-10-25 00:00:00 UTC ]
News tagged with: #company reported #internet giant

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Amazon losses increase in third quarter

Amazon has reported increased third quarter losses of $437m (£273m), prompting shares to tumble in after hours trading in New York. The internet giant’s losses were significantly higher than in the same quarter last year when it reported a $41m (£25.57m) deficit.  The company reported the... Continue reading at The Bookseller

[ The Bookseller | 2014-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #company reported #internet giant

Amazon Has First Quarter Net Loss

Amazon had a first quarter net loss of $57 million, despite a 15% sales increase, to $22.72 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-23 00:00:00 UTC ]
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Amazon hikes sales, but posts $7m loss in second quarter

Amazon posted a surprise loss of $7m (or £4.56m) in its second quarter, despite achieving a... Continue reading at The Bookseller

[ The Bookseller | 2013-07-26 00:00:00 UTC ]
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Amazon's sales increase 22% in first quarter

Amazon has reported a 22% rise in sales over the last three months, the same growth increase as... Continue reading at The Bookseller

[ The Bookseller | 2013-04-26 00:00:00 UTC ]
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Amazon reports losses in third quarter

Amazon reported a loss of $274million (£170m) in its third quarter, blaming an unfavourable... Continue reading at The Bookseller

[ The Bookseller | 2012-10-26 00:00:00 UTC ]
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Amazon Turns $2.7 Billion Loss in 2022 to a Profit of $30 Billion in 2023

A strong holiday shopping season, an improved fulfillment operation, and cost cuts including an estimated 27,000 layoffs resulted in a $30 billion profit for Amazon in 2023 following a loss of $2.7 billion in 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-02 05:00:00 UTC ]
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Amazon Has Improved Second Quarter

Total Amazon sales rose 11% in the second quarter, with the company returning to profitability. Online sales lagged, increasing 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-04 04:00:00 UTC ]
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Amazon Sees Slow Growth in Fourth Quarter

Since the summer, many publishers have reported lower orders from Amazon compared to a year ago, and the release of the e-commerce giant’s third-quarter results gave no indication that things will markedly improve in the final period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-27 04:00:00 UTC ]
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Rising Costs Deepen First Quarter Loss at Scholastic

Higher costs increased Scholastic's first quarter loss to $58.1 million, from $32 million in the first quarter of fiscal 2022, despite a 1.2% increase in sales. The results were "on plan," the publisher said, adding that it still expects sales and earnings in fiscal 2023 to rise over fiscal 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]
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Higher Costs Contribute to First Quarter Loss at Wiley

Sales at Wiley were flat in the quarter ended July 31, 2022, but restructuring charges and higher costs, including higher T&E charges, led to an operating loss of $17 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-07 04:00:00 UTC ]
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A Bad First Quarter at Amazon

Amazon reported a net loss of $3.8 billion in the first quarter of 2022 as online sales fell 3%, to $51.1 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-29 04:00:00 UTC ]
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Amazon pays £14m corporation tax as revenue increases

Amazon's UK logistics and warehouse arm tripled its corporation tax payment to £14m for 2018, the company has revealed. Continue reading at The Bookseller

[ The Bookseller | 2019-09-03 21:29:05 UTC ]
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Amazon Q2 Results: 20% Revenue Jump, Smaller Profit Increase

The tech giant had second quarter revenue of $63 billion, while net income rose to $2.6 billion from $2.5 billion in last year's second quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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Amazon reports record profit with first quarter sales up 17%

Amazon has recorded a record profit of $3.6billion, with its first quarter sales up 17% to $59.7billion. Continue reading at The Bookseller

[ The Bookseller | 2019-04-27 00:00:00 UTC ]
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Amazon 2018 sales hit $232.9bn as retailer enjoys record fourth quarter

Amazon's 2018 sales increased  31% to $232.9bn as the online giant revealed a record $72bn revenue for the fourth quarter, in its latest financial results.  Continue reading at The Bookseller

[ The Bookseller | 2019-02-02 00:00:00 UTC ]
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Amazon's sales up 43% in first quarter

Amazon has reported a 43% rise in sales to $51bn (£36.9bn) for the first three months of 2018. Continue reading at The Bookseller

[ The Bookseller | 2018-04-28 00:00:00 UTC ]
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Amazon sales rise 34% in third quarter

Amazon has reported a 34% rise in sales to $43.7bn (£33.41bn) for the three months ending September 30th, with the recent acquisition of Whole Foods Market contributing $1.3bn (£0.99bn) to that total. Continue reading at The Bookseller

[ The Bookseller | 2017-10-28 00:00:00 UTC ]
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Amazon profits up 40% in first quarter

Amazon has reported its eighth profitable quarter, with profit up 40%, to $724m (£560.8m) in the first three months of the year. Continue reading at The Bookseller

[ The Bookseller | 2017-04-29 00:00:00 UTC ]
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Scholastic Has Third Quarter Loss on Lower Sales

Revenue at the company fell 8.1% in the third quarter, ended February 28. The publisher reported a $15.4 million net loss in the quarter, up from $9.0 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-23 00:00:00 UTC ]
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Indigo Cuts Quarterly Loss as Sales Jump

Double digit growth in its general merchandise operation plus increases in its core book business led to a 8.8% increase in revenue at Indigo for its second quarter ended September 26, 2015 compared to last year’s second period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-03 00:00:00 UTC ]
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