Amazon Beats Expectations With Eighth Straight Quarterly Profit

Amazon Beats Expectations With Eighth Straight Quarterly Profit


29-April-2017

In the first quarter ended March 17, Amazon posted revenues of $35.71 billion with an earning of $1.48 per share. Whereas, Wall Street was expecting an earning of $1.12 per share and revenues of $35.31 billion. The revenue grew 23 percent on a year-on-year basis, compared to$29.1 billion in the first quarter 2016.