Equity Research on IAC/InterActiveCorp and Amazon.com Inc. - Catalog & Mail Order Houses Mixed
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 05/08/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Catalog & Mail Order Houses industry and are offering free analytical research on (NASDAQ: IACI) and (NASDAQ: AMZN). Register with us today at to have free access to these research reports.
The march of business online continues and catalog and mail order houses such as IAC/InterActiveCorp and Amazon.com seem focused on expanding and perfecting their offerings. There have been some headwinds however, and recent quarterly earnings show mixed results for the industry. Get your free reports on and at . There is no commitment to join.
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Amazon.com saw profits decline 35 percent year-over-year in its first quarter, as high levels of spending took their toll. Nevertheless, top-line results remained impressive, with net sales increasing 34 percent to $13.18 billion. Amazon seems to be expanding its foray into content development to include TV shows. It recently unveiled a project to develop original comedy and kids TV shows for distribution on its video streaming service. report is accessible for free by registering today at .
IAC also released first quarter results recently, announcing a 39 percent year-over-year increase in revenues, with adjusted earnings rising to 51 cents per share from 37 cents a year ago. The company's revenue growth was particularly driven by its dating and search businesses which increased by 56 percent and 47 percent respectively. Lower marketing expenditures also provided a boost, though they are expected to climb back up in coming quarters with focus on Match.com and to Meetic. report is accessible for free by registering today at .
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