Canaccord Genuity Raises Price Target to $525 on Amazon.com (AMZN) Following 2Q Results
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Amazon.com Announces Second Quarter Sales up 20% to $23.18 Billion
July 23, 2015 4:09 PM EDTSEATTLE--(BUSINESS WIRE)-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2015.
Operating cash flow increased 69% to $8.98 billion for the trailing twelve months, compared with $5.33 billion for the trailing twelve months ended June 30, 2014. Free cash flow increased to $4.37 billion for the trailing twelve months, compared with $1.04 billion for the trailing twelve months ended June 30, 2014.
Common shares outstanding plus shares underlying stock-based awards totaled 488 million on June 30, 2015, compared with 480 million one year ago.
Net sales increased 20% to $23.18 billion in the second quarter, compared with $19.34 billion in second quarter 2014.... More
Amazon Home Services Expands in Atlanta, Boston, Chicago, Houston, Phoenix, Miami, San Diego and More
July 22, 2015 6:00 AM EDTCustomers in more cities can now create custom requests such as painting a room, home entertainment setup, or central air installation
Amazon Home Services now includes over 15MM unique service offers across more than 900 professional services
Amazon Home Services features top-rated pros across the country with the number of new applications from services pros increasing 4X in the last three months
SEATTLE--(BUSINESS WIRE)-- Amazon (NASDAQ: AMZN) today announced Amazon Home Services... More
