"We continue to expect pro forma operating profitability for the fourth quarter," Amazon Chief Financial Officer Warren Jenson said in a statement."
The Seattle based e-tailer reported a net loss of $170 million, or 46 cents per share, compared with a loss of $241 million, or 68 cents per share, in the same period last year. Amazon posted net revenue of $639 million, compared with $638 million in the year-ago period.
Excluding amortization of goodwill, stock-based compensation and other non-cash expenses, Amazon posted a pro forma net loss of $58 million, or 16 cents per share, compared with $89 million, or 25 cents per share, in the same period last year. The company was expected to post a pro forma loss of 16 cents per share on revenue of $650 million, according to First Call.
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