Amazon Shares Surge As Earnings Beat Expectations
Amazon shares surge as earnings beat expectations
Source: ibtimes.com
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Amazon Q1 revenue beats estimates
The online retailer reported a profit of $3.2 billion. Its net sales climbed 9% at $127.4 billion in the March quarter of the year
Source: livemint.com
Amazon's Q1 Earnings Report Exceeds Expectations, Shares Jump Over 7 Percent
Amazon's Q1 earnings report exceeds expectations, with a profit of $3.2 billion on sales of $127.4 billion, causing shares to rise by over 7%. The company's CEO, Andy Jassy, emphasizes the need to streamline costs and build long-term customer relationships amidst an uncertain economy, while the AWS and advertising sectors show signs of turning a corner.
Source: news18.com
Amazon earnings highlight a fairly positive quarter for Big Tech despite big cuts
Amazon reported more than $127 billion in revenue in its Q1 2023 financial earnings report.
Source: androidcentral.com
Amazon Shares Surge As Earnings Beat Expectations
Shares in Amazon leapt on Thursday after the online retail colossus reported it made a lot more money than expected in the first quarter of 2023.
Source: barrons.com