From Seattle's own, GeekWire, October 26:
Amazon shares were up more than 5% in after-hours trading Thursday after the Seattle tech giant beat analyst expectations for profits and revenue for its third quarter.
“We had a strong third quarter as our cost to serve and speed of delivery in our Stores business took another step forward, our AWS growth continued to stabilize, our Advertising revenue grew robustly, and overall operating income and free cash flow rose significantly,” Amazon CEO Andy Jassy said in a statement.
- Amazon reported $143.1 billion in third quarter revenue, up 13% year-over-year. Net income was $0.94 per share, or $9.9 billion.
- Wall Street analysts expected revenue of $141.5 billion and earnings of 58 cents a share....
....MUCH MORE
And more to come.
Here's the press release:
https://press.aboutamazon.com/2023/10/amazon-com-announces-third-quarter-results
