Amazon Q1 Ad Revenue Leaps 24% to $11.8 Billion, Lifted by Prime Video's Addition of Commercials [Yahoo! Finance]
FactSet Research Systems Inc. (FDS)
Last factset research systems inc. earnings: 3/26 07:01 am
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Source: Yahoo! Finance
Advertising sales for the quarter were up 24% year over year and marked a new Q1 record. The ad revenue beat Wall Street expectations for the quarter of $11.7 billion, according to StreetAccount. More from Variety Amid Turmoil, Paramount Global Sees Q1 Lift From Super Bowl, Narrows Loss New AMC Networks CEO Kristin Dolan's 2023 Pay Reaches $14.5 Million Oscar-Winning 'Elephant Whisperers' Writer Sets Teen Drama Amazon Series 'Amber Girls School' (EXCLUSIVE) “Our advertising efforts continue to benefit from the growth of our Stores and Prime Video businesses,” CEO Andy Jassy said in announcing earnings. In his annual letter to Amazon shareholders this month, Jassy announced that Prime Video has more than 200 million monthly viewers and touted the service's addition of advertising starting Jan. 29 . In the U.S. alone, the company has told marketers that Prime Video reached an estimated 115 million monthly viewers in the U.S. To date, Prime Video ads have launched in the Uni
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FDS
Earnings
- 3/21/24 - Beat
FDS
Sec Filings
- 5/15/24 - Form 144
- 5/10/24 - Form 4
- 5/10/24 - Form 144
- FDS's page on the SEC website