- Amazon shared third-quarter earnings after the bell on Thursday, smashing expectations. Shares quickly ticked up 7 percent in initial after-hours trading, to above the $1,000 per share milestone.
- The company posted significantly better-than-expected earnings, at 52 cents per share, when analysts were forecasting just three cents.
- Revenue came in at $43.74 billion, versus the consensus estimate of $42.14 billion.
- Revenue for Amazon Web Services (AWS) was $4.57 billion, versus the $4.51 billion expected.
Katie Roof / TechCrunch - 2 years ago