Amazon brought in $2 billion less than analysts expected, even with a second-quarter Prime Day

Amazon CEO Andy Jassy.
Reuters/Mike Blake

Amazon on Thursday posted mixed second-quarter earnings, missing on Wall Street’s revenue expectations despite the annual Prime Day shopping holiday in June.
Here are the key numbers:Revenue: $113.08 billion, versus an expected $115.20 billion Earnings per share (EPS): $15.12 compared to an expected $12.30 per shareAWS, Amazon’s cloud unit, saw $14.8 billion in revenue in the second quarter, up from $10.8 billion during the same period of 2020.
"We’ve seen AWS growth reaccelerate as more companies bring forward plans to transform their businesses and move to the cloud," CEO Andy Jassy said in a statement.
This story is developing …
Read the original article on Business Insider

Source: https://www.businessinsider.com/amazon-earnings-q2-2021-revenue-eps-profit-2021-7

Join the Discussion

  • BrokerEUR/USD
    CMC Markets 0.7pips. (variable) margin: 3.33%
    ETX Capital 0.6pips (variable) margin: 3.33%
  • Back to top