14322 Thu, 04/24/2008 - 12:12pm
SEATTLE–Amazon.com last evening reported that profits for the first quarter ended March 31 reached more than $143 million, a leap of nearly 29 percent over the same period the year before.
Investors saw their diluted shares jumping 30.8 percent, to 34 cents from 26 cents.
The strong showing was based on sales of more than $4.13 billion, up 37 percent over the year.
For the second quarter, the company said it expects sales to grow between 34 percent and 41 percent compared with the second quarter of 2007.