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Amazon shares soar after massive earnings beat - TL;DR CNBC

Amazon shares soar after massive earnings beat

Publishing timestamp: 2017-10-26 19:24:14


Summary

Amazon reported a huge beat in its third quarter results, with revenue exceeding expectations and strong growth in North American sales and Amazon Web Services. Despite increased spending in new areas, the company offered a positive outlook for the fourth quarter. Operating profit dropped, but investors continue to support Amazon's growth.


Sentiment: POSITIVE

Tickers: AMZN

Keywords: enterpriseamazon.com inctechnologybusiness news

Source: https://www.cnbc.com/2017/10/26/amazon-earnings-q3-2017.html


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