Amazon just barely beat Wall Street's expectations Thursday when it reported a loss of $41 million, or 9 cents-per-share, in the third quarter and net sales of $17.09 billion. (see PDF below.)
Analysts were expecting a 9 cent-per-share loss on $16.76 billion in revenue for the quarter. The net sales figure is a 24 percent increase from last year.
The online retailer's stock hit $332.21 a share at the close of the market on Thursday, and the price went up more than 4 percent in after-hours trading immediately following its earnings report. Amazon is scheduled … Read more