Variety ·entertainment ·1 hour ago

Amazon beats Q1 revenue forecast, AWS grows 28 percent year-over-year

Amazon reported first-quarter revenue of $181.5 billion Wednesday, beating Wall Street's forecast of $177.2 billion and delivering adjusted earnings per share of $2.78 versus expected $1.65. Amazon Web Services grew 28% year-over-year to $37.6 billion. The company projects second-quarter net sales between $194 billion and $199 billion.

Summary by Glance · Variety

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