For the period, diluted earnings per share were $0.31 as opposed to a loss of $0.38 from the prior year.
Amazon's sales increased by 9% to $127.358 billion above the expected $124.55 billion. Operating profit increased by 30% to $4.774 billion.
The business anticipates sales growth of 5-10% annually, or up to 127-133 billion dollars, at the conclusion of the second quarter.
Operating profit is expected to increase from $3.3 billion in the second quarter of last year to $2–5.5 billion.
source: bloomberg.com
Amazon's sales increased by 9% to $127.358 billion above the expected $124.55 billion. Operating profit increased by 30% to $4.774 billion.
The business anticipates sales growth of 5-10% annually, or up to 127-133 billion dollars, at the conclusion of the second quarter.
Operating profit is expected to increase from $3.3 billion in the second quarter of last year to $2–5.5 billion.
source: bloomberg.com