Amazon warns of possible loss in the first quarter of 2012

5 years ago

The actions of fell after the company said it could lose money in the first quarter, a sign that the company continues with heavy spending on expansion and new ventures.
The online store grew to two times faster than the sector of electronic commerce in recent years. So now the company is expanding into new product categories and regions, investing heavily in growth, which affects profit margins.
The Market jab that Amazon profit of 426.5 million dollars in the first quarter of 2012. The estimates include stock-based compensation and other expenses.
On the other hand the projections for the Amazon`s first quarter operating results ranging from a loss of 200 million dollars profit of 100 million dollars.

Source link:

Follow Luuux

Related Posts

Trending Technology