04:33 PM EDT, 05/01/2025 (MT Newswires) -- Amazon ( AMZN ) late Thursday reported stronger-than-expected first-quarter results as the e-commerce giant logged double-digit revenue gains in its cloud computing division and advertising services.

Per-share earnings jumped to $1.59 for the three months through March 31 from $0.98 a year earlier, topping the FactSet-polled GAAP consensus of $1.37. Sales increased 9% year-over-year to $155.67 billion, higher than the Street's $155.15 billion view.

Sales at the Amazon Web Services cloud computing division rose 17% annually to $29.27 billion, while advertising services advanced 18% to $13.92 billion. Subscription services revenue increased 9%.

Consolidated North American sales climbed 8% to $92.89 billion, while international operations gained 5% to $33.51 billion.

Amazon ( AMZN ) expects second-quarter revenue of $159 billion to $164 billion, reflecting annual growth of 7% to 11%. Analysts were looking for $161.21 billion.

Shares were down 4% in after-hours trading.

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