Amazon.com beats estimates for quarterly revenue-June 2024-www.financetom.com

Amazon.com beats estimates for quarterly revenue

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Amazon.com beats estimates for quarterly revenue

Nov 1, 2024 2:33 AM

Oct 31 (Reuters) - Amazon.com ( AMZN ) beat market

estimates for quarterly revenue on Thursday, boosted by strong

growth in its cloud services unit thanks to growing enterprise

spend on AI.

The company reported revenue of $158.9 billion in the third

quarter ended September, compared with analysts' average

estimate of $157.20 billion, according to LSEG data.

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