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Amazon First Quarter Earnings Up 68%

April 22, 2010, 2:31 pm
Amazon.com reported today that its net income for the first quarter increased 68 percent to $299 million, or 66 cents per share, compared with net income of $177 million, or 41 cents per share in the first quarter of 2009. Analysts expected earnings of 61 cents a share on revenue of $6.87 billion, according to a consensus forecasts from Thomson Reuters. "We remain heads-down focused on customers," said Jeff Bezos, founder and CEO of Amazon.com .

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