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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104 Articles
104 Articles
All
Left
12
Center
34
Right
13
Coverage Details
Total News Sources104
Leaning Left12Leaning Right13Center34Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 20%
C 58%
R 22%
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