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Amazon jumps on revenue beat and rosy guidance for third quarter

Andy Jassy just wrapped up a rocky first year after succeeding Bezos as Amazon CEO

Amazon shares climbed more than 13% in extended trading on Thursday after the company

better-than-expected second-quarter revenue and gave an optimistic outlook.

Here’s how the company did:

  • EPS: Loss of 20 cents
  • Revenue: $121.23 billion vs. $119.09 billion expected, according to Refinitiv

Here’s how other key Amazon segments did during the quarter:

  • Amazon Web Services: $19.7 billion vs. $19.56 billion expected, according to…

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Posted by Editor

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