5/30/2023 0 Comments Think and grow rich amazon![]() Amazon's Performance: Light And Shadowĭelving into the company's results, we see that there were both positives and negatives. The market reacted very positively to these results, sending Amazon's shares up by 8% at the time of writing, following a sizable 5% gain in regular trading hours that was largely driven by investor optimism when it comes to major tech stocks due to Meta's ( META ) strong results from Wednesday afternoon. At the same time, the company generated earnings per share of $0.31, which came in 50% higher relative to what Wall Street analysts had predicted. The company's top-line and bottom-line results can be seen here:Īmazon was able to grow its revenue by close to 10%, which was stronger than expected. announced its first-quarter earnings results on Thursday after the market had closed. ![]() In this article, we'll look at the important pieces from the report and at Amazon's outlook for the foreseeable future. ![]() ( NASDAQ: AMZN) reported its first quarter earnings results on Thursday afternoon. ![]()
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