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Home»Tag: Amazon posts record quarterly profits

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Amazon posts record quarterly profits, CEO Jeff Bezos becomes world’s third richest person
Business

Amazon posts record quarterly profits, CEO Jeff Bezos becomes world’s third richest person

Saheli 01 Aug 2016 496 Views

Amazon.com posted record second-quarter earnings Thursday of $857 million, or $1.78 per share, on $30.4 billion in revenue, surpassing early profit estimates of $1.2 per share on $29.5 billion in revenue. The company said the earnings report was boosted by record sales on the second Prime Day, the “biggest day ... Read More »

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