Amazon's Q1 net sales up 9% to $155.7B, beats estimates

Amazon.com Inc. announced that its net sales in the first quarter of its fiscal 2025 rose 9% to reach $155.7 billion, slightly outperforming estimates.At the same time, diluted earnings per share skyrocketed 62.2% to $1.59, compared to $0.98 observed in the corresponding quarter of the year prior. Operating income surged to $18.4 billion in the reported quarter, as opposed to $15.3 billion in the same quarter of 2024.In its 2025 guidance, the company said it...

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