Amazon Reports Net Sales Up 23% in Q2, Operating Loss $15M

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By Dianna Dilworth Comment

amazon304Amazon’s net sales reached $19.34 billion in the second quarter of 2014, up 23 percent from  $15.70 billion which the company reported in the second quarter of 2013.

The company also repaired that its operating loss was $15 million during Q2, as compared to an operating income of $79 million in Q2 2013. In addition, Amazon’s net loss was $126 million in the second quarter as compared with a net loss of $7 million in Q2 2013.

Here is more from the financial release: “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.”