My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Amazon

Amazon Reports Unexpected Profit

1 min read
This story originally appeared on Reuters

E-commerce company Amazon.com Inc reported an 19.9 percent rise in quarterly revenue, helped by higher sales in North America, its biggest market, and continued growth in its Amazon Web Services unit.

The company reported a profit of $92 million, or 19 cents per share, for the second quarter ended June 30, compared with a loss of $126 million, or 27 cents per share, a year earlier.

Revenue rose to $23.19 billion from $19.34 billion.

(Reporting by Anya George Tharakan in Bengaluru and Mari Saito in San Francisco; Editing by Simon Jennings)

More from Entrepreneur

Kim's expertise can help you become a strong leader, pitch VCs for capital, and develop a growth strategy.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.
Start My Plan

Latest on Entrepreneur