Amazon (AMZN) today released its earnings statement for the second quarter of 2016. The results: $857 million in net income, or $1.78 per diluted share, on $30.40 billion in revenue. Analysts were expecting $1.11 per diluted share on $29.55 billion in revenue. The company’s stock closed the day up 2.16 percent at $752.61, but has gone up […]
Amazon beats expectations with $857 million in profit spurred by Prime and AWS
Venture Beat - 28 Jul 2016 22:20
Amazon (AMZN) today released its earnings statement for the second quarter of 2016. The results: $857 million in net income, or $1.78 per diluted share, on $30.40 billion in revenue. Analysts were expecting $1.11 per diluted share on $29.55 billion in revenue. The company’s stock closed the day up 2.16 percent at $752.61, but has gone up […]
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