Amazon’s net sales reached $13.81 billion in the third quarter of 2012 and increase of 27 percent from the $10.88 billion net sales in Q3 2011, according to an earnings report released by the company today.
Amazon’s net loss was $274 million in the third quarter, which the company attributed to its share of the losses reported byLivingSocial. According to The New York Times, this was the company’s “first quarterly loss in four years,” and the earnings did not meet Wall Street estimates $13.9 billion.
The release has more details: “Operating cash flow increased 8% to $3.37 billion for the trailing twelve months, compared with$3.11 billion for the trailing twelve months ended September 30, 2011. Free cash flow decreased 31% to $1.06 billion for the trailing twelve months, compared with $1.53 billion for the trailing twelve months ended September 30, 2011.”
The company also said that North America segment sales — which represents earnings from retail sales of consumer products including Amazon sellers Amazon Web Services subscriptions — were $7.88 billion which represents a 33 percent increase from the third quarter 2011. Read more