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Amazon CEO Andy Jassy talks about “Mad Money” during an interview with CNBC’s Jim Cramer in Seattle, Washington, on December 6, 2023.
CNBC
Amazon Missed income Second Quarter Earnings Report The company issued a weaker-than-expected current-period earnings forecast on Thursday, sending its shares lower after hours.
Here’s how the company does it:
- income: $1.26 per share, compared with the London Stock Exchange’s expectation of $1.03 per share
- income: $147.98 billion, higher than the London Stock Exchange’s forecast of $148.56 billion
Wall Street is also watching these key numbers:
- Amazon Web Services: According to StreetAccount data, actual sales were $26.3 billion and revenue was $26 billion
- advertise: Revenues were $12.8 billion and $13 billion, respectively, according to StreetAccount
Amazon expects revenue for the current quarter to be between $154 billion and $158.5 billion, an increase of 8% to 11% from the third quarter of last year.
This story is developing. Please check back for updates.
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