Amazon crushes earnings estimates with $108.5B in Q1 revenue, up 44%, profits of $8.1B, up 224%
Amazon crushes earnings estimates with $108.5B in Q1 revenue, up 44%, profits of $8.1B, up 224% April 29, 2021 at 3:22 pm The Amazon Spheres in Seattle. (GeekWire Photo / Kurt Schlosser) Amazon blew past expectations for its first fiscal quarter earnings, posting revenue of $108.5 billion, up 44% year-over-year, and earnings per share of $15.79, up from $5.01. Profits of $8.1 billion and an operating margin of 8.2% set new records. Analysts expected Q1 revenue of $104 billion and earnings per share of $9.54. The Seattle-based giant has surged amid the pandemic as more consumers turn to online...