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Amazon beats earnings expectations on e-commerce sales, AWS; stock jumps

Por: MarketWatch Business August 04, 2023

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Analysts on average expected Amazon to report earnings of 35 cents a share on revenue of $131.5 billion, according to FactSet. Equally important, operating income increased to $7.7 billion in the second quarter, compared with $3.3 billion in the same quarter last year. “We continued lowering our cost to serve in our fulfillment network, while also providing Prime customers with the fastest delivery speeds we’ve ever recorded. Our AWS growth... + full article



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