Amazon Announces Third Quarter Earnings

The report shows that Amazon's net sales in the third quarter were $20 billion 579 million, an increase of 20% over the same period last year of 17 billion 92 million and a net loss of 437 million US dollars, a substantial increase over the same period last year's net loss of 41 million US dollars. Amazon's third quarter performance and its fourth quarter outlook are not as strong as those of Wall Street analysts, prompting its share price to drop by more than 11%.

In the fiscal quarter ending September 30th, Amazon's net loss was $437 million, and its share loss was 95 cents, which was much less than the same period last year and failed to meet analysts' expectations. Two thousand and thirteen Fiscal year In the third quarter, Amazon's net loss was $41 million and its share loss was 9 cents. Financial information provider FactSet Research survey shows that analysts expect Amazon to lose 76 cents per share in the third quarter.

Amazon's net sales in the third quarter were $20 billion 579 million, an increase of 20% over the same period last year of $17 billion 92 million, of which the positive impact of the change in the exchange rate was US $13 million. FactSet Research survey shows that analysts expect Amazon's third quarter revenue to be $20 billion 800 million. Amazon's third quarter operating loss was $544 million, compared with a $25 million operating loss for the same period last year.

In July, Amazon forecast net sales in the third quarter of fiscal year 2014 to US $19 billion 700 million to US $21 billion 500 million, up 15% to 26% over the same period, which was $20 billion 600 million, less than analysts expected. Operating losses ranged from 410 million US dollars to 810 million US dollars, accounting for about $410 million in equity awards and intangible assets amortization expenses.

According to the geographical division, Amazon's North American sector (US, Canada) has a net sales of $12 billion 867 million in the third quarter, up 25% from the 10 billion 301 million US dollars in the same period last year; the net sales of the Amazon International Department (UK, Germany, France, Japan and China) were US $7 billion 712 million, a 14% increase over the 6 billion 791 million US dollars in the same period last year.

According to the product division, Amazon's sales of electronics and other consumer goods in the third quarter were $13 billion 953 million, an increase of 26% over the same period last year of $11 billion 48 million. Total sales The proportion increased from 65% to 68%. Excluding the impact of exchange rate changes, Amazon's sales of electronics and other consumer goods in the third quarter increased by 26% over the same period last year. Amazon's sales of media products in the third quarter were $5 billion 244 million, an increase of 3% over the same period last year, and the proportion of total sales decreased from 29% to 25% in the year of 5 billion 33 million. Excluding the impact of exchange rate changes, Amazon's third quarter sales from media products increased by 4% over the same period last year.

　　 Amazon It is estimated that net sales in the fourth quarter of fiscal year 2014 will grow from $27 billion 300 million to $30 billion 300 million, up 7% to 18% over the previous year, the median of which is 28 billion 800 million US dollars, lower than analysts' average expected US $30 billion 860 million, and operating profit of -5.7 billion to 430 million US dollars, including about $470 million in equity awards and intangible assets amortization expenses, compared with the operating profit in the same period last year was 510 million dollars.

On the same day, Amazon shares rose $0.21 in the NASDAQ regular trading, closing at $313.18, or 0.07%. Amazon's share price fell sharply by $34.72 to $278.46, or 11.09%, after trading at 17:05 p. m. Eastern time (5:05 Beijing time 24 5:05). In the past 52 weeks, Amazon's highest price was $408.06, and the lowest price was $284.38.