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Amazon Beats; Orientation, Prime Growth Raise Concerns By Investing.com



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Investing.com – Amazon.com (Nasdaq 🙂 on Thursday negotiated investors on Thursday as the result of strong quarter-on-quarter results and increased the growth of uninspiring and quarter-on-quarter orientation growth.

Shares fell by 0.7%.

Amazon reported a share of 6.04 million euros in the third quarter with revenue of 72.38 million dollars. Investing.com analysts expect a $ 5.64 budget, with $ 71.87 million in revenue.

But Amazon sees $ 56 million of $ 56 million in sales, down from $ 61.04 billion.

In addition, subscriptions revenue in the fourth quarter, including Prime delivery and Prime Video offers, increased 26% throughout the year, except for foreign exchange effects, the latest trends below.

Subscription services earned more than 50% in the first quarter of 2018.

The giant of e-commerce budget operating budget budgeted $ 2.3 billion and $ 3.3 billion in the first quarter, but low on the estimates of $ 3 million.

Strong gains, but a solid budget income is becoming a bit of a company's habit. In the third quarter, the revenue orientation has been agreed.

In the fourth quarter, the net sales in North America, its largest market was 18.3%, of 44.12 million dollars.

Amazon Web Services cloud revenue from 45.3% to 7.43 million dollars to overcome a budget of $ 7.26 million. Competitor Microsoft (NASDAQ 🙂 reported Wednesday that its cloud computing business Azure revenue has risen 76% in its last quarter.

Reuters helped him with this report.

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