Amazon Exceeds Q1 Earnings Expectations With $181.5 Billion Revenue
Amazon reported first-quarter revenues of $181.5 billion, significantly surpassing Wall Street's earnings expectations.
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Meta expected to post strong earnings beat as AI monetization accelerates across platforms
Read full article →Amazon Posts $181.5 Billion in Revenue and Smashes Wall Street’s Q1 Earnings Expectations
Amazon reported its latest quarterly earnings results Wednesday, revealing sales at its cloud business, Amazon Web Services (AWS), were up 28% year over year to $37.6 billion from January to March. Wall Street forecast earnings per share (EPS) of $1.65 on $177.2 billion in revenue, according to analyst consensus data provided by LSEG. Amazon reported adjusted EPS of $2.78 […]
By Jennifer Maas
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