Current location:International Insights news portal > sport
Amazon reports strong 1Q results driven by its cloud
International Insights news portal2024-05-01 14:11:16【sport】0People have gathered around
IntroductionNEW YORK (AP) — Amazon on Tuesday reported strong results for the first quarter, driven by growth in
NEW YORK (AP) — Amazon on Tuesday reported strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising dollars from its Prime Video streaming service.
The Seattle-based e-commerce giant said it brought in $143.31 billion in revenue in the first three months of this year, a 13% jump compared to the same period last year. Net income came out to $10.43 billion, or 98 cents per share. That soundly beat Wall Street analysts’ expectations for 84 cents a share, according to FactSet.
“It was a good start to the year across the business, and you can see that in both our customer experience improvements and financial results,” Amazon CEO Andy Jassy said in a statement.
The nation’s biggest online retailer is coming off better-than-expected results for the holiday shopping period, when it saw strong consumer spending aided by discounts and faster shipping speeds. Amazon held another discount event in late March, right before the end of the first quarter.
Address of this article:http://nepal.highlanderdistrict.org/news-45d999855.html
Very good!(69)
Related articles
- Brad Stevens selected as NBA's executive of the year after Celtics' NBA
- Novel mineral sheds light on rare
- Messi makes the difference in Miami's latest thrill ride
- Book of Xi's Discourses on Working Class, Trade Unions Published
- Jerry Seinfeld says 'extreme left' politically correct mob has killed comedy
- China moves to expand 5G coverage in outlying border regions, inhabited offshore isles
- Anderson aiming to dish out more assists
- Xi Stresses Striving for Full Revitalization of Northeast China
- Pennsylvania moves to join states that punish stalkers who use Bluetooth tracking devices
- China specifies steps to improve payment services in tourist attractions
Popular articles
Recommended
Rhod Gilbert shares cancer update as he admits he's 'pinching himself' over performing stand
Xizang's maternal, infant mortality rates at record low
Domestic oil, gas production hits record in 2023
Xi Sends Congratulatory Letter As SCO Justice Ministers Meet in Shanghai
Dua Lipa is all about 'Radical Optimism,' in her music and other pursuits
Xi Sends Congratulatory Message to China
Xi Story: Assessing Losses for Flood
Nuggets have a banner night
Links
- Local election workers fear threats to their safety as November nears
- Mideast countries disappointed by U.S. veto on Palestinian bid for full UN membership
- Former Duke guard Jeremy Roach indicates he will play a final college season at Baylor
- Damian Lillard sets Bucks' postseason mark with 35 points in opening half vs Pacers
- UK sanctions Iran's leading military figures, entities
- Revealed: Soaring number of Scots paying £100 to see a GP
- Paintsil sparks Galaxy to 4
- Moment 'Hardest Geezer' crosses the finish line at the London Marathon in 4hrs 25mins
- Lod helps Minnesota United beat Charlotte 3
- Mideast countries disappointed by U.S. veto on Palestinian bid for full UN membership