The Traderszone Network

Published in TZ Latest News 29 April, 2016 by The TZ Newswire Staff

PYMNTS Daily Data Dive: Amazon Earnings Breakdown

Amazon did something this week it hasn’t done in a long time: posted a profit for four quarters in row.

And it did so this time around in style, taking Wall Street by surprise.

All in all, Amazon had some pretty big numbers that showed that its “investment mode” may have finally hit profit mode. 

Here’s the skinny on what Amazon announced for its Q1 results yesterday (April 28):

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