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Amazon blows past earnings expectations

Amazon blows past earnings expectations

 Amazon reported first quarter earnings after the bell on Thursday. The company shattered earning expectations, reporting $1.48 per share, when Wall Street was expecting $1.12. Net income stood at $724 million.
Revenue came in at $35.71 billion, above the $35.30 billion that analysts were forecasting and up 23% from last year. Shares quickly soared 5% in initial after-hours trading.
However… Read More


Source: TechCrunch

Belen De Leon