After the close of trading on Thursday, the US e-commerce giant Amazon forward its quarterly figures. It was very good news for shareholders.
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Server money
In Q2 earned Amazon $ 92 million, which equates to 19 cents per share, compared with a loss of $ 126 million the year before. Sales totaled $ 23.2 billion, which was $ 800 million better than analysts’ expectations.
The management, which is usually sparse with information about which products contribute to the good figures, guides reach revenues of between 23, 3 and $ 25.5 billion in this year’s Q3.
Amazon Web Services
CNN says that Amazon Web Services has been a solid contributor. Here grew revenue by 81 percent to $ 1.8 billion while profit jumped 408 percent to $ 391 million.
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Rally on Wall Street
The news caused the stock climbed 18 per cent to $ 567.77 in extended trading on Wall Street.
Founder Jeff Bezos, who is also one of the major shareholders in the
For a half years ago rated Forbes Jeff Bezos as the 15th richest person in the world. Then he had a fortune of 34.8 billion dollars. We rely on a share price of $ 567.77, has Bezos fortune grew to 47.65 billion dollars.
Greater than Wal-Mart
Thursday’s price upturn also made that Amazon went past legendary Wal-Mart in the market. Amazon is now worth 267 billion dollars while Wal-Mart has a market capitalization of $ 233.5 billion.
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