Amazon.com, Inc. (NASDAQ:AMZN) released its earnings report for the three months ending June 30 this afternoon after the market closed on Wall Street. The company showed a loss of $0.02per share for the three month period on revenue of $15.7 billion. On today's market, shares in the online retailer grew to $303.40.
In the run up to the announcement of this earnings report analysts following Amazon.com, Inc. (NASDAQ:AMZN) were looking for earnings per share of 5 cents on revenue totaling $15.7 billion. In the same three months of 2012, Amazon earned 16 cents per share on revenue of $12.8 billion.
Amazon.com, Inc. (NASDAQ:AMZN) has an unusual business...
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