Sunday, July 27, 2014

Amazon.com (AMZN) Reports 2Q'14 Results

Amazon.com (AMZN) lost almost 10% of its market value on Friday (02014.07.25). The company announced they're going to lose between $410 million and $810 million this quarter (3Q'14). Amazon.com is managed for the long-term, while on Wall Street three months is frequently considered an eternity.

Amazon.com's 2Q'14 press release started with the following.

Operating cash flow increased 18% to $5.33 billion for the trailing twelve months, compared with $4.53 billion for the trailing twelve months ended June 30, 2013. Free cash flow increased to $1.04 billion for the trailing twelve months, compared with $265 million for the trailing twelve months ended June 30, 2013. Free cash flow for the trailing twelve months ended June 30, 2013, includes cash outflows for purchases of corporate office space and property in Seattle, Washington, of $1.4 billion.

AMZN closed at $324.01 on 02014.07.25. 52-week range: $279.33 - $408.06.

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