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


To: memflyken2 who wrote (53461)4/28/1999 5:46:00 PM
From: Michael Seymour  Read Replies (2) | Respond to of 164684
 
The $0.16 per share difference is related to non-recurring charges which are not reflected in the estimates:

Amazon (AMZN), which has yet to report a profitable quarter since going public in May 1997, said its net loss came to $61.7 million, or 39 cents a share, compared with $10.4 million, or seven cents a share, in the year-earlier period. Revenue increased to $293.6 million from $87.4 million a year ago. However the latest results included $25.3 million in acqusition-related charges and costs. Excluding the charges and costs, the company said it would have posted a loss of $36.4 million, or 23 cents per share. The mean estimate of analysts surveyed by First Call was for a loss, excluding the items, of around 29 cents per share.