Amazon Posts a $1 Billion Profit

Helped by a strong performance in its cloud services group, Amazon reported an operating profit of $1.1 billion in the first quarter ended March 31, 2016 compared to $255 million in the 2015 first quarter. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2016-04-28 00:00:00 UTC ]
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Instagram’s story: Fast growth, a $1 billion sale and Facebook’s broken pledge

Sarah Frier traces the company’s cultural impact along with its business history. Continue reading at The Washington Post

[ The Washington Post | 2020-04-30 15:32:33 UTC ]
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Quarto Posts Profit in 2019, Outlook for 2020 Uncertain

The Quarto Group posted its first profit since 2016 last year, despite a sales decline. The financial forecast for 2020 is clouded by the impact of the Covid-19 pandemic, which has already led to "falling orders and revenues," the publisher said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline #financial forecast #covid-19 pandemic #quarto

Quarto 'pleased' to post 2019 profit, but pandemic forces cost-cutting measures

Quarto has posted a trading update for its 2019 results, saying it expects revenues to slip 9% to $135.8m (2018: $149.3m) but will be returning a profit of $2.9m. Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 02:44:11 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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Audio Publishers Association Survey: Nearly $1 Billion in 2018 Sales

The new annual sales survey from the APA shows audiobooks holding its market lead for growth in formats, with listening in cars on the upswing in 2018. The post Audio Publishers Association Survey: Nearly $1 Billion in 2018 Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-07-16 17:07:26 UTC ]
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Amazon Literary Partnership Announces More than $1 Million in 2019 Grants

Reiterating its emphasis on voices underrepresented in many parts of the publishing industry, the Amazon Literary Partnership reaches its 10th year. The post Amazon Literary Partnership Announces More than $1 Million in 2019 Grants appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-05-21 01:30:39 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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HarperCollins UK hits record profit after Lord of the Rings Amazon TV deal

HarperCollins Publishers saw record profits before tax of £26.8m for the year ending 30th June 2018, almost double the 2017 figure, partly due to a monster The Lord of the Rings TV deal with Amazon. Continue reading at The Bookseller

[ The Bookseller | 2019-04-05 00:00:00 UTC ]
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HarperCollins UK profits double due to Tolkien TV deal with Amazon

Boost from rights sale for multi-series adaptation, as eBooks continue to declineThe publisher HarperCollins UK has more than doubled its profits thanks to a hugely lucrative deal with Amazon for the rights to make multiple TV series based on The Lord of the Rings for its global streaming... Continue reading at The Guardian

[ The Guardian | 2019-04-04 00:00:00 UTC ]
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Amazon's 2018 Sales Topped $232 Billion

The giant company's sales increased 31% in 2018 over 2017, and its operating income tripled to $12.4 billion. Among the many reasons cited for the big 2018 financial gains was the performance of Amazon’s third-party sellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-01 00:00:00 UTC ]
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Amazon Profits Soar Again, Despite Disappointing Sales

Although sales rose 29% in the third quarter (ended September 30) over the comparable period a year ago, investors had expected more rapid growth. Still, profits jumped to $2.9 billion, up from earnings of $256 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
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Amazon opens Manchester office, recruits 1,000 staff

Amazon is opening a new 90,000 sq ft corporate office in Manchester next year, for 600 fresh employees, along with boosting its development centres in Edinburgh and Cambridge. Continue reading at The Bookseller

[ The Bookseller | 2018-10-19 00:00:00 UTC ]
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Industry Notes: Amazon ‘Prime Book Boxes’ for Children; National Book Festival September 1

Having tested the program on an invitational basis for three months, Amazon rolls out its children's book boxes offer to the US Prime membership. And the Library of Congress holds its annual National Book Festival this weekend. The post Industry Notes: Amazon ‘Prime Book Boxes’ for Children;... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-31 00:00:00 UTC ]
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Amazon Profits Soar

For the quarter ended June 30, 2018, operating income at Amazon increased to $3.0 billion, compared with operating income of $628 million in the second quarter of 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-26 00:00:00 UTC ]
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HMH Trade Unit Posted a Profit in 2017

An 11.4% increase in revenue in the HMH trade division in 2017 over 2016 plus cost cuts resulted in net income of $2.0 million in the group last year compared to a loss of $7.0 million in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-22 00:00:00 UTC ]
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Amazon's shares jump after profit doubles

Amazon's shares jumped 6% after the retail giant posted its financial results for the fourth quarter, revealing it doubled profits made in the same period last year to $1.9bn (£1.34bn). Continue reading at The Bookseller

[ The Bookseller | 2018-02-03 00:00:00 UTC ]
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Whole Foods Adds Nearly $1.3 Billion to Amazon

In addition to adding $1.28 billion in revenue from its August purchase of the grocery chain, online sales at Amazon rose 22% in the third quarter over the comparable period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-26 00:00:00 UTC ]
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MPs accuse Amazon and eBay of profiting from 'fraudsters'

Amazon and eBay have been accused of profiting from foreign firms trading on its marketplace platform and failing to charge VAT on UK sales, a Public Accounts Committee report has found. Continue reading at The Bookseller

[ The Bookseller | 2017-10-19 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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