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Amazon beats Q4 revenue estimates, but profits slump

Por: ABC News Business February 03, 2023

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NEW YORK -- Amazon on Thursday reported worse-than-expected fourth-quarter profits, but its revenue beat expectations boosted by sales in its cloud-computing unit AWS, which is also seeing a slow-down in growth. Amazon said it earned $300 million, or 3 cents per share, in the October-December quarter. Industry analysts were expecting the Seattle-based company to earn 17 cents a share, according to FactSet.The e-commerce giant said its bottom... + full article



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