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Amazon Q1 revenue tops estimates as AWS hits 15-quarter growth high [Yahoo! Finance]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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quarters as the e-commerce giant continues its massive artificial intelligence build-out. Amazon stock initially rose after the report, then fell as much as 7% before recovering near Wednesday's closing level. NasdaqGS - Nasdaq Real Time Price • USD Amazon.com, Inc. (AMZN) Follow View Quote Details At close: 4:00:01 PM EDT After hours: 4:50:24 PM EDT Advanced Chart The company reported earnings per share of $2.78, up from $1.59 a year ago. Revenue was $181.5 billion, up from $155.7 billion in the same quarter last year. Analysts had expected earnings per share of $1.62 on revenue of $177.2 billion, according to Bloomberg consensus estimates. Amazon's all-important AWS cloud business generated $37.6 billion in revenue, ahead of estimates for $36.7 billion. AWS revenue excluding foreign exchange grew 28%, above expectations for 25.7% growth. “AWS is growing 28% (our fastest growth in 15 quarters) on a very large base, our chips business topped a $20 billion r
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