Amazon Q2 2013 Earnings: Revenue $15.70 Billion, Sales Up 22%

Posted on Jul 26 2013 - 1:34am by Editorial Staff

Amazon

Amazon today reported its financial results for the second quarter ended June 30, 2013. The company reported the revenue of $15.70 billion with the sales up 22%, compared with $12.83 billion in second quarter 2012. The operating income decreased 26% to $79 million in the second quarter, compared with $107 million in second quarter 2012. The company also added that there was a loss of $7 million in the quarter or $0.02 per diluted share, compared with net income of $7 million, or $0.01 per diluted share in the second quarter 2012.

For the third quarter 2013 guidance, the company expected net sales to be between $15.45 billion and $17.15 billion, or to grow between 12% and 24% compared with third quarter 2012 while Operating loss is expected to be between $440 million and $65 million, compared to $28 million in third quarter 2012. The guidance also includes approximately $340 million for stock-based compensation. 

Photo Credit: Flickr/Keith Fahlgren

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