Amazon’s earnings results were mixed for Q2: while they beat market expectations and showcased 10% topline growth, they also recorded a net loss of $2.0 B and came short on other key financial metrics. Their stock rose in after-hours trading as investors seemed optimistic about the company’s performance. Amazon’s topline growth received an enormous lift from the strong results of AWS and Advertising, which continue to grow at a much stronger pace than Amazon’s retail sales.
Download the full Amazon Q2 Earnings report with unique Harvest Group takeaways here:
