Amazon: Q2 below expectations
(CercleFinance.com) - US e-commerce giant Amazon has reported a slight increase in Q2 2019 net income to 2.
6 billion dollars (5.22 dollars per share), vs. 2.5 billion dollars at 30 June 2018 (5.07 dollars per share).
This fell short of the consensus of 5.58 dollars.
Q2 2019 revenue jumped 20% y-o-y to over 63 billion dollars.
Amazon has announced that it is aiming for revenue of 66 billion to 70 billion dollars for Q3.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
6 billion dollars (5.22 dollars per share), vs. 2.5 billion dollars at 30 June 2018 (5.07 dollars per share).
This fell short of the consensus of 5.58 dollars.
Q2 2019 revenue jumped 20% y-o-y to over 63 billion dollars.
Amazon has announced that it is aiming for revenue of 66 billion to 70 billion dollars for Q3.
Copyright (c) 2019 CercleFinance.com. All rights reserved.