Amazon.com Inc (AMZN)
Amazon Q3: 19% Growth In Ads And AWS
Amazon.com, Inc. has been actively growing its digital advertisement business, offering more services such as sponsored products and Prime Video ads. In Q3, both the advertising business and AWS grew by 19% year-over-year, sustaining a strong growth momentum. My key takeaway from the quarter is the strong margin expansion in Amazon's AWS business, delivering 38.1% of the operating margin in Q3.
Amazon corporate headcount drops year-over-year as tech giant aims for efficiency
Amazon continues to take a cautious hiring approach with its corporate workforce, following years of huge headcount growth.
Amazon (AMZN) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Amazon (AMZN) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Amazon Stock Jumps on Earnings Beat, Cloud Growth
Amazon (AMZN) stock jumped in extended trading Thursday after the company reported better-than-expected third-quarter results driven by growth in its cloud and advertising businesses.
Amazon (AMZN) Surpasses Q3 Earnings and Revenue Estimates
Amazon (AMZN) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $0.85 per share a year ago.
AWS tops $10B in quarterly operating profit as Jassy cites ‘reacceleration' of cloud business
Amazon's cloud business isn't done growing yet.
Amazon Stock Jumps on Earnings Beat, Cloud Growth
Amazon (AMZN) stock jumped in extended trading Thursday after the company reported better-than-expected third-quarter results driven by growth in its cloud and advertising businesses.
Amazon shares spike on quarterly beat
CNBC's Kate Rooney, Mike Santoli, and Kevin Mahn, Hennion & Walsh Asset Management president & CIO, join 'Closing Bell Overtime' to talk Amazon earnings.
Amazon's cloud unit records highest profit margin in at least a decade
Revenue growth at Amazon Web Services has accelerated year-over-year for five quarters in a row. The unit recorded its highest profit margin since at least 2014.
EARNINGS ALERT, AMZN, INTC, TEAM
Amazon (AMZN) beats earnings and guides for over $181B in 4Q revenue. That number caught the attention of the earnings panel, Diane King Hall and Kevin Green.
Amazon beats Q3 estimates as AWS boosts margins
Amazon.com Inc (NASDAQ:AMZN) reported better-than-expected results for the third quarter of fiscal year 2024 on Thursday, with growth across key business segments boosting the stock in after-hours trading. The company's net sales rose 11% year-over-year to $158.9 billion, outpacing Wall Street's estimates by $1.6 billion, driven by robust growth in Amazon Web Services (AWS) and international sales.
Amazon Projects Strong Profit, Revenue for Holidays
Amazon sees optimism for a strong holiday shopping season as it projected profit and revenue in the current quarter that exceeded analysts' estimates. Dan Morgan, senior trust portfolio manager at Synovus Trust, examines the results.
