Amazon.com Q4 profit tops forecasts
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Amazon.com Inc.'s  quarterly net profit halved due to higher taxes and investment spending, but its shares rose 6 percent as it beat analysts' expectations and gave 2007 forecasts above Wall Street estimates.
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Media conglomerate Time Warner Inc.  said on Wednesday that fourth-quarter profit rose more than 30 percent, boosted by asset sales, more digital cable and phone customers, and a rise in AOL advertising sales.
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Web retailer Amazon.com Inc. said Tuesday that its third-quarter profit more than quadrupled, and its shares topped $100 in regular trading, but the stock fell back to $90 as concerns over margins overshadowed an otherwise strong quarter.
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Shares of Amazon.com Inc. fell 9 percent Friday after the online retailer reported third-quarter profits that tripled, but fell short of Wall Street estimates.
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Amazon.com Inc. AMZN.O on  Thursday posted quarterly earnings that more than tripled on  strong international sales but offered an outlook for 2005 that  was below the more bullish analyst forecasts, sending its stock  down 8 percent.
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Amazon.com stock is back in the stratosphere, propelled by improved profit margins and swelling revenues.
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Amazon.com has reported fourth quarter sales of $3.99 billion, up significantly on the $2.98 billion it achieved a year previously. Although revenue growth continues to be fast despite Amazon's large size and relative maturity, profits are a different story.
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The desktop publishing software maker said its fiscal fourth-quarter profit and sales rose to beat Wall Streetâs expectations, fueled by strong sales of Creative Suite 3 and Acrobat.
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Amazon.com Inc posted a decline in profit margins on Wednesday as the impact of its discounting overshadowed quarterly earnings and a sales forecast that topped Wall Street targets.
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Shares of online U.S. retailer Amazon.com Inc rose more than 2 percent on Wednesday after the online retailer said the 2007 holiday season was its strongest since it opened in 1994.
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Web retailer Amazon.com Inc. said Tuesday that its third-quarter profit more than quadrupled as shoppers around the world bought more books, music, electronics and other goods than they did in the same period a year ago.
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Online retailer Amazon.com Inc  on Thursday posted a higher quarterly profit, fueled by strong international sales and its free shipping offer.
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Amazon.com Inc. AMZN.O fell  more than 14 percent on Thursday after the online retailer's  earnings missed Wall Street targets and sparked fears its bid  to lure more customers would erode profits even more.
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OCTOBER 22, 2004 (IDG NEWS SERVICE) - Amazon.com Inc. fell a penny short of analysts&#39; per-share earnings expectations, while reporting net sales of $1.
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Amazon.com sees third-quarter profits more than triple as sales increase in all its world markets.
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Shares of online retailer Amazon.com  Inc rose more than 2 percent on Wednesday after the company  said the 2007 holiday season was its strongest to date.
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Amazon.com Inc.  on Thursday posted quarterly earnings that more than tripled on strong international sales but offered an outlook for 2005 that was below the more bullish analyst forecasts, sending its stock down 8 percent.