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Amazon on Thursday reported strong revenue and profits from the summer months driven by growth in online sales and its advertising business. In a prepared statement, Amazon CEO Andy Jassy said the ...
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company's stock up in after-hours trading. Amazon said it earned $15.3 billion, higher than ...
Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. The company posted revenue of $148 billion, a ...
Amazon's muscular earnings report and subsequent investor response followed more critical receptions to some ... Revenue: $169.9 billion vs. $166.2 billion expected ($149.2 billion in Q4 2022 ...
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According to a report released by Fair Tax Mark in 2019, Amazon is the best actor of tax avoidance, having paid a 12% effective tax rate between 2010 and 2018, in contrast with 35% corporate tax rate in the US during the same period. Amazon countered that it had an 24% effective tax rate during the same period. [2]
A bright spot of the report came from its cloud business, Amazon Web Services. AWS raked in $26.3 billion in revenue compared to the $26 billion expected and well above the $22.1 billion during ...
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