( ) -q-25- UNDATED (Correspondent Jeremy House) “for the slowdown.” Amazon has posted better-than-expected revenue and profits for the second quarter. [CutID: <Cuts> AMAZON-PROFITS-house-q-FRIam.mp3 Time: 25s Title: AMAZON-PROFITS-house-q-FRIam Out-cue: for the slowdown] TAG: Correspondent Jeremy House reporting. —————————– VERBATIM: The e-commerce giant earned $6.7 billion, or 65 cents per share, for the three-month period ending […]
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Amazon reports better-than-expected revenue and profits for 2Q, sending its stock higher
( ) -q-25- UNDATED (Correspondent Jeremy House) “for the slowdown.”
Amazon has posted better-than-expected revenue and profits for the second quarter.
[CutID: <Cuts> AMAZON-PROFITS-house-q-FRIam.mp3
Time: 25s
Title: AMAZON-PROFITS-house-q-FRIam
Out-cue: for the slowdown]
TAG: Correspondent Jeremy House reporting.
—————————–
VERBATIM: The e-commerce giant earned $6.7 billion, or 65 cents per share, for the three-month period ending June 30. Its revenue came out to $134.4 billion, up 11% from the same period last year. The Seattle-based company’s profitable cloud unit AWS’s growth continued to slow. Executives have blamed companies cutting back on costs for the slowdown.