Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada.
Noah Berger | Getty Images
Amazon posted better-than-expected earnings and revenue for the first quarter on Wednesday.
Here’s how the company did, compared with estimates from analysts polled by LSEG:
- Earnings per share: $2.78 vs. $1.64
- Revenue: $181.52 vs. $177.30 billion
Wall Street was also looking at other key revenue numbers:
- Amazon Web Services: $37.59 billion vs. $36.64 billion, according to StreetAccount
- Advertising: $17.24 billion vs. $16.87 billion, according to StreetAccount
This is breaking news. Please check back for updates.
WATCH: Amazon needs to spend more to keep AWS as premier AI play
Source link
Recent Comments