Internet retail giant Amazon.com reported quarterly revenue that beat expectations and a quarterly loss that met forecasts on Thursday as the company expanded aggressively and made inroads into overseas markets.
After the earnings announcement, the company's shares rose in extended-hours trading. (Click here to get the latest quote for Amazon.)
The company's net loss dropped to $41 million, or 9 cents per share, from a loss of $274 million, 60 cents per share, the year-earlier period.
(Read more: Amazon stock heading to $400: Stiefel analyst)
Revenue increased 24 percent to $17.09 billion from $13.81 billion a year ago.