Amazon Reports Strong Sales, Shines Light On Cloud

By | April 23, 2015

Scalper1 News

Amazon.com shares soared to record highs late Thursday as the e-commerce giant reported better-than-expected first-quarter revenue and broke out results for its cloud-computing services for the first time. Revenue rose 15% vs. a year earlier to $22.72 billion, above the consensus of $22.39 billion. Excluding a $1.3 billion hit from the stronger dollar, sales rose 22%. Amazon (AMZN) reported a net loss of $57 million. Excluding Scalper1 News

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