Amazon's quarterly profit more than doubles; shares soar
NEW YORK (AP) " Amazon's first-quarter profit more than doubled from a year ago, blowing past Wall Street expectations. The online retailer's shares soared 6 percent in after-hours trading.The company earned $1.63 billion, or $3.27 per share, in the three months ending March 31 " almost triple the $1.24 per share analysts expected, according to FactSet. It's the second time Amazon's quarterly profit has topped $1 billion. In the previous quarter, which included the busy holiday [...]
EmoticonEmoticon