Amazon to Report Quarterly Results After Market Close
Analysts will be watching to see if Amazon CEO Andy Jassy has made progress on reeling in expenses after the company announced 18,000 layoffs.
Source: nbclosangeles.com
Stay updated with breaking news from Cyber Five. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Analysts will be watching to see if Amazon CEO Andy Jassy has made progress on reeling in expenses after the company announced 18,000 layoffs.
Amazon exceeded revenue expectations for the fourth quarter, but the stock price slipped on light sales guidance for the first quarter.
A test with 31 advertisers saw average 17% improvements in cost per acquisition, 32% in return on ad spend.
Retail industry news, voices and jobs. Optimized for your mobile phone.
Stronger-than-expected sales could help lead to positive free cash flow.