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Why Amazon Stock Jumped Today [Yahoo! Finance]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Amazon published its first-quarter results after the market closed yesterday, reporting sales and earnings for the period that beat the average analyst estimate. The e-commerce and cloud-computing giant reported earnings per share of $0.98 on sales of $143.3 billion. For comparison, the average analyst estimate had called for the business to post per-share earnings of $0.83 on revenue of $142.55 billion. Amazon's growth drivers look strong Amazon's revenue climbed 12.5% year over year in the first quarter. The company's North America segment saw an increase of 12% year over year to reach $86.3 billion. Meanwhile, sales for Amazon Web Services (AWS) rose 25% year over year to $25 billion, and international segment sales increased 10% year over year to hit $31.9 billion. Following the strong Q1 sales and earnings beats, Amazon stock rose as much as 5.8% in the daily trading session. But the tech giant's share price lost some ground as investors weighed the company's forward guida
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