Amazon breaks with stock option tradition

E-tail pioneer takes brave step away from tech peers...

By Kate Hanaghan, 24 July 2002 09:30

NEWS From next year, Amazon will treat employee stock options as costs to be deducted from its profits in a move that singles it out from many other technology companies. The move, which will be implemented next year, comes as the company steps closer to profitability. It narrowed its second quarter losses to $94m from $168m in the comparable quarter last year.

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