Amazon — once again — surprised investors by beating analyst expectations for its third-quarter earnings report, bringing in $25.4 billion in net sales and earnings of 17 cents cents per share. Analysts were expecting a loss of 13 cents per share on sales of $24.91 billion. Shares of Amazon promptly shot up as much as 11% in extended trading. The company is expecting revenue… Read More
Source: Tech Crunch
Amazon Handily Beats Analyst Expectations With $25.4B In Sales, Stock Spikes 11%
