"Amazon showed Wall Street just what it was capable of in the third quarter, and investors roared their approval.Amazon Posts an Unexpected Profit, and Its Shares Soar - The New York Times
Revenue at the Seattle-based retail, computing and entertainment company rose 23 percent to $25.4 billion in the third quarter, $500 million more than analysts were expecting.
An expected loss turned into a profit. Net income was 17 cents a share."
Thursday, October 22, 2015
Amazon Posts an Unexpected Profit, and Its Shares Soar - The New York Times
AMZN is up ~10% in after-hours trading; also see Amazon earnings beat estimates with huge surge in cloud sales and profit (The Verge)
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