Amazon.com (AMZN) Tops Q1 EPS by 35c, Offers Q2 Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/6/2026

1. USO
2. CHRW
3. MRVL
4. RXO
5. OPCH
6. NVDA
7. AMD
8. GOOGL
9. BBIO
10. APLD

Go back to Amazon.com (AMZN) Tops Q1 EPS by 35c, Offers Q2 Guidance

Amazon revenue soars as cloud, retail businesses dominate

April 27, 2017 4:06 PM EDT

By Jeffrey Dastin and Anya George Tharakan

(Reuters) - Amazon.com Inc's (NASDAQ: AMZN) retail and cloud-computing sales rose in the first quarter, inching above Wall Street's expectations and sending the company's shares to an all-time high in extended trading.

The world's largest online retailer said on Thursday net sales rose 23 percent to $35.7 billion, just beating analysts' average estimate of $35.3 billion, according to Thomson Reuters I/B/E/S.

More fees from Amazon's Prime shopping club and media streaming services, along with growing advertising revenue, also boosted results.

... More