Amazon Reports Unexpected Profit The ecommerce company's revenue rises about 20 percent as North America sales grow.

By Reuters • Jul 23, 2015

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)

Reuters

Editor's Pick

After Her Brother's Death in Iraq Became News, a PR Strategist Learned Firsthand Why the Way We Tell Stories Matters — and It Changed Her Career

A Leader's Most Powerful Tool Is Executive Capital. Here's What It Is — and How to Earn It.

One Man's Casual Side Hustle Became an International Phenomenon — And It's on Track to See $15 Million in Revenue This Year

3 Reasons to Keep Posting on LinkedIn, Even If Nobody Is Engaging With You

6 Time-Saving Tips to Know Before Starting a Side Hustle This Summer

Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One

Most Popular

See all

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

By Bryan Lovgren

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

By Jacqueline Whitmore

Starting a Business

5 Tips For Launching a Business While Keeping Your Day Job

Launching a business while holding down a 9-to-5 is no small feat. It's a common path for aspiring entrepreneurs, but it's not without its challenges.

By Nikita Fedorov