Amazon sales leap 25% to USD 38 bln in Q2, driven by AWS

Friday 28 July 2017 | 10:33 CET | News
Amazon reported a 25 percent surge in revenues to USD 38.0 billion in the second quarter, compared with USD 30.4 billion a year earlier. By contrast, operating profit plunged 51 percent to USD 628 million in the April to June period, down from USD 1.3 billion in Q2 2016, while net profit was USD 197 million, or USD 0.40 per diluted share, down from USD 857 million, or USD 1.78 per diluted share, the year before. The company's high sales were again driven by its Amazon Web Services (AWS) cloud services business, which posted an operating income of USD 916 million in the second quarter, up from

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Categories: Internet
Companies: Amazon / Amazon Web Services
Countries: World
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