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Transcripts For KQEH Nightly Business Report 20160429

Welcome. A blowout quarter from amazon that few curve predicted. The Online Retailing powerhouse continued to drive along to get people the items they want at their doorstep when they want them. And its efforts are paying off. More customers joined its prime Loyalty Program and revenue jumped in its Cloud Services businesses. Look at the numbers. Amazon reported earnings of 1. 07 a share, estimates were almost half that fay cents a share. Sales of 29 billion were 28 higher than a year ago surpassing not only wall street estimates but amazons own forecasts and as for shares, they took off. Initially in afterhours trading, there is a chart of them. Josh lipton has more on amazons strong results. Reporter 1. 1 billion. That was a big number in amazons earnings release. It refers to the operating income that amazon report ....

New York , United States , District Of Columbia , Sri Lanka , San Francisco , South Korea , Raymond James , Josh Lipton , Conoco Phillips , A Tiger Maple , Queen Sarah , Meg Terrell , Aaron Kessler , Joe Durand , Michelle Ka Roos , Bob Pisani , Tim Cook , Phil Lebeau , Online Retailing , Loyalty Program , Program Revenue , Cloud Services , Year Ago , Wall Street , Income Amazon , Fulfillment Centers ,