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Even as Amazon brought home earnings per share (EPS) of $1.26, beating estimates of $1.04 and nearly doubling profits from the same period last year, investors focused instead on the report's ...
Amazon reported fourth quarter earnings that beat analysts' expectations Thursday and delivered an optimistic outlook for the months ahead.The stock climbed more than 6% in early trading on Friday.
Amazon.com (NASDAQ: AMZN) Q2 2024 Earnings Call Aug 01, 2024 ... Good day, everyone, and welcome to the Amazon.com second quarter 2024 financial results teleconference. ... Today, we're reporting ...
Amazon earned $6.7 billion during the same period last year. Earnings per share for the second quarter came out to $1.26, higher than analysts' expectations of $1.03. However, investors reacted negatively to other results, leading Amazon shares to fall more than 6% after the closing bell.
The beat was driven by a 16% jump in Amazon Web Services (AWS) revenue, which Amazon said is on course to generate $100 billion annually. The company reported adjusted earnings per share of $0.98 ...
E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets.
The company's efforts to rein in costs, which ran Amazon about $500 million in the first quarter, are expected to be a central focus on the company's earnings call Thursday evening.
August 1, 2024 at 8:42 PM. Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. The Seattle-based ...