Friday, October 25, 2013

Amazon.com Sales Rise To $17.09 Billion In Q3

Seattle-based Amazon.com said Thursday that it third quarter sales were up 24 percent, year to year, to $17.09 billion, up from $13.81 billion a year ago. The company had a net loss of $41M for the quarter, including a loss of $169M from its stake in LivingSocial. Amazon said it expects to have net sales of between $23.5 billion and $26.5 billion for Q4, a gain of 10% to 25% compared with last year.