Amazon.com Inc. Q2 Profit Climbs
(RTTNews) - Amazon.com Inc. (AMZN) released earnings for its second quarter that advanced from the same period last year.
The company's profit totaled $5.24 billion, or $10.30 per share. This compares with $2.63 billion, or $5.22 per share, in last year's second quarter.
Analysts had expected the company to earn $1.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 40.2% to $88.91 billion from $63.40 billion last year.
Amazon.com Inc. earnings at a glance:
-Earnings (Q2): $5.24 Bln. vs. $2.63 Bln. last year. -EPS (Q2): $10.30 vs. $5.22 last year. -Analysts Estimate: $1.46 -Revenue (Q2): $88.91 Bln vs. $63.40 Bln last year.
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