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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: jjstingray who wrote (3909)	7/22/2003 4:33:36 PM
From: bcrafty	of 41420

AMZN rising nicely after hours on earnings news 4:27pm 07/22/03 Amazon.com tops Q2 forecasts, stock up in after-hours By Bambi Francisco SAN FRANCISCO (CBS.MW) -- Amazon.com said late Tuesday that it lost $43 million in the second quarter, or 11 cents a share, narrower than the loss of $93.6 million it posted a year earlier. Excluding certain items, Amazon.com earned $42 million, or 10 cents per share, to top analysts' forecasts of 6 cents per share. By comparison, Amazon reported a loss of $4.4 million in the year-ago period. Revenue rose 37 percent to $1.1 billion from $806 million last year. Analysts expected Amazon.com to generate sales of $1.03 billion. Shares of Amazon.com rose 5 percent to $36.60 in after-hours trading action.

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