Amazon Shares Fall On Q3 Earnings Miss As Big Tech Market Rout Continues
Amazon Q3 earnings
Covered by 4 sources
- Guardian Tech·6h agoAmazon gives Wall Street mixed financial picture in earnings report
E-commerce company posts high cloud computing sales but gives a cautious sales forecast for the fourth quarter Amazon offered a mixed picture of its financial health on Thursday in its quarterly earnings report. The e-commerce company gave a cautious sales forecast for the…
Read at Guardian Tech → - The West Business·6h agoAmazon's Q3 results miss analysts' estimates
Amazon has reported net income of $US20.69 billion during its fiscal third quarter.
Read at The West Business → - Deadline Hollywood·7h agoAmazon Shares Fall On Q3 Earnings Miss As Big Tech Market Rout Continues
Amazon shares fell as much as 9% in after-market trading Thursday after the tech giant reported third-quarter earnings below Wall Street analysts’ expectations. Earnings per share came in at $1.89 on a diluted basis, down from $1.95 in the year-ago quarter, while total revenue…
Read at Deadline Hollywood → - Forbes Business·7h agoAmazon Falls Short Of Overall Revenue Prediction Despite AWS Revenue Growth Nearing 40%
Amazon’s cloud business generated $46 billion in revenue in the third quarter, but the company missed Wall Street’s total revenue and earnings per share predictions.
Read at Forbes Business →
