Amazon reports $201.9 billion in Q3 revenue; shares fall 7% in Thursday after-hours trading
MSFT Microsoft Corp
$545.18 +2.75%
View chart & analysis → - 1Amazon recorded a 12% revenue growth rate in the third quarter.
- 2Amazon reported a $42 billion free cash flow loss over the past four quarters.
- 3CEO Andy Jassy said the company could hold two $1 trillion businesses within the next 5 to 10 years.
So what's the key point?
Amazon's third-quarter revenue growth was 12%, and it recorded a $42 billion loss in cash flow. CEO Andy Jassy said the company could have two $1 trillion businesses in the future.
Source The Motley Fool +5 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.