Amazon Surpasses Q2 Earnings Expectations with Strong Q3 Guidance

Reported 3 days ago

Amazon reported better-than-expected Q2 earnings with a revenue of $167.7 billion and EPS of $1.68, exceeding Wall Street expectations. However, shares dropped over 2% as AWS performance did not meet anticipations. The company provided Q3 guidance of $174 to $179.5 billion, which is above analyst expectations of $173.2 billion.

Source: YAHOO

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