Amazon Income Down; Sales Improve 20%

Summary


SEATTLE - Amazon.com Inc. said Tuesday that earnings fell nearly 35 percent in the first quarter, compared to a period last year in which the online retailer had a big one-time gain.

For the three months ending March 31, the Seattle-based company earned $51 million, or 12 cents per share, compared with $78 million, or 18 cents per share, in the same period a year ago.

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Extract


Amazon Income Down; Sales Improve 20%

In the year-earlier period, Amazon.com said...

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