Amazon Shares Fall After Reporting Sales Of $13.81B For Q3, Loss Of 60 Cents Per Share

Amazon.com just released its third-quarter earnings report. Analysts had been predicted growth in sales along with a net loss, and that's what happened ? but the numbers still fell a bit short. Net sales grew to $13.81 billion, up 27 percent from the same period last year. The company saw a net loss $274 million, or 60 cents per diluted share, compared to operating income of $63 million last year. Analysts had predicted revenue of $13.9 billion and a loss of 8 cents per share.

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