The e-commerce and cloud services giant saw net sales rise 10% year-over-year to $187.8 billion, surpassing the analyst consensus from Visible Alpha. Earnings came in at $20 billion, or $1.86 per ...
Amazon shares have increased roughly 5.8% in the previous month, reflecting investing optimism ahead of the earnings report.
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.
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