Our website uses cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include third-party cookies such as Google Adsense, Google Analytics, and YouTube. By using the website, you agree to the use of cookies. We have updated our Privacy Policy. Click the button to view our Privacy Policy.

Ok, I Agree
International

Amazon’s Q2 Revenue Misses, Forecasts Disappoint Investors

Sophia Lewis
Related media – News 24 hours

Amazon reported its second-quarter earnings on Thursday, reporting lower-than-expected revenue and a less optimistic outlook for the next quarter, sending the company’s shares lower in after-hours trading.

Here are the key data:

  • Earning per share: $1.26, versus $1.03 expected by LSEG
  • Income: $147.98 billion, below LSEG’s projection of $148.56 billion

Additional metrics of interest to Wall Street include:

  • Amazon Web Services (AWS): It generated $26 billion in revenue, according to StreetAccount
  • Advertising: It brought in $13 billion in revenue, according to StreetAccount

News of interest – Other related media
By Sophia Lewis

You May Also Like

  • What’s driving rising global inequality

    What’s Fueling Global Inequality?

    Nuria Castañeda5 days ago
    Global inequality—both across nations and within their borders—has evolved through a tangled interplay of economic, technological, political and environmental forces over the past ...
  • What is the break-even point and how do I calculate it?

    The Impact of Global Inflation on National Economies

    Gabriel Ibarra7 days ago
    Inflation does not originate only from domestic demand or wage pressures. Open economies routinely absorb price pressures originating overseas. Imported inflation occurs when incre...
  • How peace processes balance stability and accountability

    Peace Processes: Striking the Balance for Stability & Justice

    Gabriel Ibarra2 weeks ago
    Peace processes confront a core dilemma: they must stabilize post-conflict settings swiftly enough to avert renewed fighting while still providing adequate accountability to addres...
  • How climate compliance is monitored when data is weak

    Monitoring Climate Compliance: Addressing Weak Data

    Evan Harrington2 weeks ago
    Weak or incomplete environmental data is a pervasive challenge for governments, regulators, and companies trying to enforce climate rules. Weak data can mean sparse measurement net...