Amazon's Q2 Earnings and Disappointing Q3 Forecast

Reported 2 months ago

Amazon reported mixed results for the second quarter, with earnings per share exceeding expectations at $1.26, but net sales falling short at $147.98 billion. The company's forecast for Q3 operating income also disappointed, expecting between $11.5 billion and $15 billion, below the anticipated $15.66 billion. Meanwhile, AWS saw net sales of $26.28 billion, surpassing estimates.

Source: YAHOO

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