Amazon's expansion dragged Q1 profit down 37pc AMAZON.COMS first-quarter profit sank 37 per cent as the e-commerce giant continued to see its results dragged down by its aggressive expansion plans. For the second quarter, the company forecast operating results to range from a profit of $US10 million to a loss of $US340 million and revenue of $US14.5 billion to $US16.2 billion. Analysts polled by Thomson Reuters expected revenue of $US15.9 billion.