GigaomAmazon’s gigantic operating loss sends shares sliding 10% after hours
Amazon saw big losses again in its Q3 2014 earnings, missing analyst estimates and reporting a whopping operating loss of $544 million. Read more »
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Amazon saw big losses again in its Q3 2014 earnings, missing analyst estimates and reporting a whopping operating loss of $544 million. Read more »
Amazon saw a steeper-than-expected net loss in its Q2 earnings report, sending stock down in after-hours trading. Read more »
Amazon Prime is growing very fast, thanks in part to streaming video, Amazon said in its Q3 earnings Thursday. Read more »
Digital now accounts for 11.3 percent of Hachette’s sales worldwide, and about 20 percent of Random House’s Read more »
Barnes & Noble delivered another bad earnings report on Tuesday. Nook revenues plunged 20.2 percent, and revenue across the business was down 8.5 percent overall. Chairman Leonard Riggio is also abandoning… Read more »
Digital subscriptions across the New York Times’ properties are up, but overall revenues fell slightly due to declines in advertising. The company is planning new digital initiatives in the hopes of… Read more »
http://www.pearson.com/news/2013/july/pearson-2013-half-year-results.html?article=true Ebooks accounted for 33 percent of Penguin’s U.S. revenue in the first half of 2013, parent company Pearson reported Friday, up from 31 percent this time last year. Worldwide, ebooks… Read more »
Amazon announced Q2 earnings Thursday afternoon, delivering a loss of $7 million in a quarter when its stock hit a record high. Read more »
Barnes & Noble said in its earnings report Tuesday that it will stop manufacturing Nook tablets in-house. Big losses in the Nook segment dragged down the company’s revenues for the quarter… Read more »
News Corp COO Chase Carey spoke about Fox’s digital strategy in an earnings call Wednesday afternoon. The company saw strong growth in home video, thanks to digital downloads. Carey also acknowledged… Read more »