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Amazon announces Q2 earnings above Wall Street expectations, better-than-expected Q3 guidance
Google parent Alphabet offered up its own strong results, noting cloud revenue climbed 32% and backlog, or purchase commitments from customers not yet realized, rose 38%. Search also performed better than expected during the quarter, with sales increasing 12% year over year.
Amazon Q2 Earnings Highlights: Double Beat, 'AI Progress Across The Board Continues'
Here are the highlights. What Happened: Amazon reported second-quarter net sales of $167.7 billion, up 13% year-over-year. The net sales total beat a Street consensus estimate of $161.9 billion according to data from Benzinga Pro.
Looking at specific segments, Amazon says North America sales increased 11% year-over-year to $100.1 billion; international ...
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Amazon's Q2 earnings report revealed the company beat consensus estimates for both earnings per share and revenue. The ...
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Amazon ended up beating, but not to the extent the market expected. Amazon reported $167.7 billion in sales, up 13% year-over ...
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Amazon.com, Inc.'s Q2 impresses but shares dip on cautious Q3 outlook. Click for my updated look at AMZN stock and why I ...
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