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2024

Amazon Beats Wall Street Q1 Forecasts As Advertising Growth Continues Apace

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Amazon beat Wall Street forecasts for profit and revenue in the first quarter as advertising continued to grow at a healthy clip. Net income increased to 98 cents per share on a diluted basis, up from 31 cents in the year-ago quarter. Total revenue reached $143.3 billion, up 13%. Both metrics were about 15% ahead […]



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