Amazon.COM unexpectedly announced profit in the second quarter

The company’s operating profit amounted to $ 464 million, although a year ago it had in the second quarter operating losses of $ 15 million.

The company’s net profit is $ 92 million or $ 0.19 per share. For comparison, in the second quarter of 2014. Amazon.COM were losses of $ 126 million or $ 0.27 per share. Experts predicted losses of $ 0.14 per share.

Amazon Web Services (AWS), providing cloud services, worked especially well. His revenue increased by 81 % from $ 1.01 billion to $ 1.82 billion compared to last year. The profit of the unit increased more than four times to $ 391 million from $ 77 million in the second quarter of 2014.

In the third quarter, the company plans to receive revenue from $ 23.3 billion to $ 25.5 billion, which means growth compared to last year by 13–24 %. According to the forecast of experts surveyed by Thomson Reuters, this indicator can be $ 23.89 billion. Profit (losses) indicator, according to Amazon forecasts.COM will be in the range of $ 480 million losses to $ 70 million profit. In the third quarter of 2014. The company had losses of $ 544 million.



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