Scalper1 News
Amazon late Thursday reported improving sales growth but earnings just met analyst forecasts amid hefty shipping costs. The Seattle-based e-commerce king said first-quarter earnings rose 28% vs. a year earlier to 23 cents a share, meeting the consensus of 44 analysts polled by Thomson Reuters. That excludes one-time costs but includes stock-based compensation. Sales rose 23% to $19.74 billion, modestly beating views of $19.43 Scalper1 News
Scalper1 News