Amazon second-quarter revenue jumps 39 percent
(Reuters) - Amazon.com Inc reported a 39 percent jump in second-quarter revenue on Thursday, driven by a surge in online shopping and higher demand for its cloud services. The company said its net sales rose to $52.89 billion from $37.96 billion a year earlier. Net income rose to $2.53 billion, or $5.07 per share, in the second quarter ended June 30 from $197 million, or 40 cents per share, a year earlier
(Reuters) - Amazon.com Inc
The company said its net sales rose to $52.89 billion from $37.96 billion a year earlier.
Net income rose to $2.53 billion, or $5.07 per share, in the second quarter ended June 30 from $197 million, or 40 cents per share, a year earlier.
Revenue from Amazon Web Services (AWS), the company's fast-growing cloud services business, surged about 49 percent to $6.11 billion, beating the average estimate of $6 billion, according Thomson Reuters I/B/E/S.
(Reporting by Arjun Panchadar in Bengaluru)
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