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Amazon.com Issues Q2 2012 Guidance; Earnings Guidance Below Analysts' Estimates
Amazon.com announced that for the second quarter of 2012, it expects net sales to be between $11.9 billion and $13.3 billion and operating income (loss) to be between $(260) million and $40 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $12.8 billion and operating profit of $142 million for the second quarter of 2012.
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