Amazon rides AI, advertising in first quarter earnings beat

  • 📰 axios
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Amazon Web Services (AWS), the company's cloud platform fueled by its AI datacenter business, grew 17% year over year.

in revenue for the first quarter, a 13% increase from a year ago, and well above analyst expectations.Amazon Web Services , the company's cloud platform fueled by its AI datacenter business, grew 17% year over year.increased to $10.4 billion in the quarter, or $0.98 per diluted share, compared with $3.2 billion, or $0.31 per diluted share, a year ago.

"The combination of companies renewing their infrastructure modernization efforts and the appeal of AWS's AI capabilities is reaccelerating AWS's growth rate," CEO Andy Jassy said in a statement.The company touted its delivery performance in the quarter. Nearly 60% of Prime member orders across the top 60 largest U.S. metro areas arrived the same or next day, Amazon notes.Operating income is expected to be between $10.0 billion and $14.0 billion, compared with $7.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 302. in BE

Belgique Dernières Nouvelles, Belgique Actualités