Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Reilly Diefenbach who wrote (128840)	7/23/2001 4:30:04 PM
From: tonyt	Respond to of 164684

Amazon Q2 revenues slow, losses narrow Jul 23 2001 16:19PM SEATTLE, July 23 (Reuters) - Amazon.com Inc. on Monday posted a smaller quarterly pro forma loss that beat Wall Street expectations as the online retail giant became more efficient but saw revenue growth slow. The Seattle-based company said its pro forma operating loss -- which includes net interest expense -- was $58 million, or 16 cents a share, compared to $116 million, or 33 cents a share a year earlier. Revenues in the quarter, which ended June 30, rose 16 percent to $668 million, up from $578 million a year ago, but were down from the previous quarter's $700 million. Amazon was expected to lose between 20 and 27 cents a share on sales of between $675 million and $685 million, according to analysts polled by Thomson Financial/First Call. The consensus loss estimate was for 22 cents a share.