Amazon (AMZN) PT Raised to $941 at Oppenheimer

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Go back to Amazon (AMZN) PT Raised to $941 at Oppenheimer

Amazon.com Announces Second Quarter Sales up 31% to $30.4 Billion

July 28, 2016 4:01 PM EDT

SEATTLE--(BUSINESS WIRE)-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2016.

Operating cash flow increased 42% to $12.7 billion for the trailing twelve months, compared with $9.0 billion for the trailing twelve months ended June 30, 2015. Free cash flow increased to $7.3 billion for the trailing twelve months, compared with $4.4 billion for the trailing twelve months ended June 30, 2015. Free cash flow less lease principal repayments increased to $3.9 billion for the trailing twelve months, compared with $2.4 billion for the trailing twelve months ended June 30, 2015. Free cash flow less finance lease principal repayments and... More