Amazon First Quarter Sales Pop 23%, Beat Street Expectations

E-commerce giant has kicked off 2014 on a strong note: a day after announcing a buzzy content licensing deal with HBO, the company reported better-than-expected first quarter earnings results. Amazon reported $19.74 billion in first quarter revenue, a figure that beats the Street consensus of $19.4 billion and is 23% higher than the $16.07 billion reported during the same time in 2013.

Related Videos

  • Microsoft Corporation (NASDAQ: MSFT) Earnings: Will Software Giant Beat Street In Fourth Quarter?

    Microsoft Corporation (NASDAQ:MSFT) on Tuesday is expected to report fourth quarter earnings of 60 cents per share on revenue of $23 billion, compared with a profit of 66 cents a share on revenue of $19.93 billion in the year-ago period. Keith Bliss, senior vice president and director of sales & marketing at Cuttone & Co., Inc., weighs in on technology earnings from Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Facebook Inc. (NASDAQ:FB) and Inc. (NASDAQ:AMZN). Mi

  • Earnings Preview: Google Inc (NASDAQ: GOOG), Amazon.Com Inc (NASDAQ: AMZN)

    Mark Newton, chief technical analyst at Greywolf Execution Partners, weighs in on Facebook Inc. (NASDAQ: FB) earnings beating Wall Street expectations. In addition, Newton analyzes what investors need to watch when Google Inc. (NASDAQ: GOOG) and Inc. (NASDAQ: AMZN) report after the market closes on Thursday.

  • What to Watch on Wall Street November 11th: Amazon.Com Earnings

    Tuesday, November 11th is Veterans Day. Major U.S. markets will be open and stocks will be trading, but the bond market will be closed for the holiday. We take a look at a couple notable earnings for the day. The largest U.S. home builder, D.R. Horton is set to report its fiscal fourth quarter results before the opening bell. is scheduled to host its third annual cloud computing conference, as its Web Services division faces increasing competition from Google and other tech giants.

  • Reports Thursday After the Close reports after the close on Thursday and margins and revenue generation remain fundamental concerns. Jim Strugger, Derivatives Strategist of MKM Partners, tells TheStreet's Jill Malandrino the options market is pricing in roughly an 8% move, and while that is a big move, it is inline with the past eight quarters.

  • Amazon Beats Expectations with $19.74 Billion in Revenues

    Investors received a welcome surprise on Thursday as Amazon's quarterly revenues topped expectations. Amazon reported earnings in line with estimates of $0.23 cents a share but beat revenues with $19.74 billion. Analysts were expecting earnings of $0.23 cents a share on $19.4 billion in revenues. They were looking for a boost in digital media sales with the online retailer's venture into new segments. Amazon is rapidly growing its revenue but continues to be held back by its thin profit margins.

  • Apple Inc (NASDAQ: AAPL) Earnings: Will Tech Giant Beat Estimates In First Quarter?

    Keith Bliss, senior vice president and director of sales & marketing at Cuttone & Co., Inc., weighs in on the top technology and social media earnings this week from  Apple Inc. (NASDAQ: AAPL), Facebook Inc. (NASDAQ: FB), Google Inc. (NASDAQ: GOOG) and, Inc. (NASDAQ: AMZN).  Tech giant Apple Inc. (NASDAQ: AAPL) on Monday is expected to report fiscal first-quarter earnings of $14.05 on revenue of $57.46 billion, according to analysts polled by Reuters. Shares of Apple rose 1.38 per

  • Amazon's Eroding Tax Advantage, Bid To Sustain Growth In Focus In First Quarter's quarterly results on Thursday may heighten worries that its edge over online and even traditional brick-and-mortar rivals is narrowing as it charges sales tax in more states, curtailing growth in its core business.

  • Amazon Sales Climb in Holiday Quarter, Shares Rise Incorporated reported earnings of 45 cents per share as sales climbed 15 percent during the crucial holiday quarter, sending its shares up 5 percent. According to Thomson Reuters, revenue rose 15 percent to $29.3 billion in the quarter, slightly short of the average analyst estimate of nearly $30 billion. About a third of Amazon’s annual revenue is recorded in the holiday quarter. Amazon has been pouring money into beefing up its $99-a-year Prime membership program.

  • Amazon Posts Big Quarterly Loss as Expansion Expenses Mount

    Amazon, the world’s largest online store reported a second-quarter loss per share of 27 cents, far wider than analysts' estimates of a 15 cents a share net loss. Top-line growth was as expected, up 23% from a year earlier to $19.34 billion. The wider-than-expected net loss is largely a result of increased investment in new initiatives. The company has been expanding its hardware line, including the recent launch of the Fire smartphone, and entertainment services such as Kindle Unlimited. For its

  • EBay's Second-Quarter Revenue Climbs 13 Percent

    EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as it fended off increasing competition from arch-foe Inc and a growing number of smaller niche retail websites.The company reported second-quarter revenue of $4.37 billion, versus $3.88 billion a year ago and the $4.38 billion that Wall Street had expected, on average.

  • Amazon's Holiday-Quarter Forecast Disappoints, Shares Dive Inc's sales projections for the crucial holiday quarter disappointed Wall Street and third-quarter results missed forecasts, sending the online retailer's shares 9 percent lower on Thursday. After an unusually busy first half of the year that saw the online retailer spend on developing everything from mobile phones and Hollywood-style production to grocery deliveries, investors were ready to see it curtail its ambitions and start delivering sustainable profits.

  • Earnings Preview: Exxon Mobil, Amazon.Com and Starbucks

    Oil giant Exxon Mobil Corporation (NYSE: XOM) is reporting before the bell, with analysts forecasting the company will report a smaller first quarter net income on lower production, but investors will be watching to see if the world's second largest company is making progress growing its oil production.

Other Advice Videos