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LIVE: Amazon Shares Are Tanking After Disappointing Earnings

JILLIAN D'ONFROOct 24, 2014, 01:23 IST

Amazon just reported its Q3 earnings.

Here are the numbers:

EPS: -$0.95 (analysts were expecting a loss of $0.74).
Revenues: $20.58 billion (analysts were expecting $20.84 billion). That's an increase of 20% year-over-year.

This is a miss on both the top and bottom line.

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Operating loss was $544 million in the third quarter (the company had predicted between $410 and $810 million). The company reported an operating loss guidance of between $430 million and $570 million for Q4.

The stock is down nearly 8% after-hours.

Operating cash flow increased 15% year-over-year to $5.71 billion and free cash flow increased to $1.08 billion.

Here's the full report:

Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.