Amazon Posts $181.5 Billion in Revenue and Smashes Wall Street’s Q1 Earnings Expectations

Variety — Apr 29, 20:15 PM

Amazon reported its latest quarterly earnings results Wednesday, revealing sales at its cloud business, Amazon Web Services (AWS), were up 28% year over year to $37.6 billion from January to March.

Wall Street forecast earnings per share (EPS) of $1.65 on $177.2 billion in revenue, according to analyst consensus data provided by LSEG. Amazon reported adjusted EPS of $2.78 […]

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