Our website uses cookies to enhance and personalize your experience and to display advertisements (if any). Our website may also include third party cookies such as Google Adsense, Google Analytics, Youtube. By using the website, you consent to the use of cookies. We have updated our Privacy Policy. Please click the button to view our Privacy Policy.

Amazon's Q2 Revenue Misses, Forecasts Disappoint Investors

Amazon's Q2 Revenue Misses, Forecasts Disappoint Investors

Amazon reported its second-quarter earnings on Thursday, reporting lower-than-expected revenue and a less optimistic outlook for the next quarter, sending the company’s shares lower in after-hours trading.

Here are the key data:

  • Earning per share: $1.26, versus $1.03 expected by LSEG
  • Income: $147.98 billion, below LSEG's projection of $148.56 billion

Additional metrics of interest to Wall Street include:

  • Amazon Web Services (AWS): It generated $26 billion in revenue, according to StreetAccount
  • Advertising: It brought in $13 billion in revenue, according to StreetAccount

By Gary Riley

También te puede gustar