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Amazon forecasts quarterly revenue above estimates, cloud growth lags

  • Amazon, based in Seattle, reported $17.13 billion in profit and $155.7 billion in revenue for the quarter ended March 31, 2025.
  • The strong quarterly results followed a 9% revenue increase despite uncertainties from Trump's 145% tariffs on China and disrupted retail shipments.
  • Amazon exceeded analyst expectations with earnings of $1.59 per share versus the $1.37 forecast and revenue above the $155.147 billion estimate.
  • The company forecasts second-quarter sales between $159 billion and $164 billion, while its stock declined close to 3% during Thursday's after-hours session.
  • These results highlight Amazon's resilience amid trade policy challenges that have forced some retailers to pause shipments and raised concerns about product shortages.
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Amazon revenue climbs 9%, but outlook sends shares lower

Amazon reported a nine percent rise in first-quarter revenue on Thursday, but its outlook fell below expectations, sending its share price lower.

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Forbes broke the news in United States on Thursday, May 1, 2025.
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