Earnings roundup: Alamo Group, Rush Enterprises 2Q profits down

Welcome back to Earnings Roundup, SA Inc’s weekly summary of the latest financial reports from companies of local interest. Look for it online Monday during quarterly and annual earnings reporting periods. This week’s roundup of recent quarterly financial reports includes New Braunfels-based Rush Enterprises Inc. and Seguin-based Alamo Group Inc., along with others of local interest, such as Amazon and Toyota. Alamo Group profit, revenue down in 2Q SEGUIN — Alamo Group Inc.

loss of $149 million Revenue: $16.87 billion vs. $19.75 billion Quotable: “There is much work to be done, and I’m looking forward to getting started.” — CEO to be Robert Ortberg Amazon posts growth across business units SEATTLE — Amazon.com Inc. more than doubled its second-quarter profit year over year, with a 10% increase in revenue. Amazon Web Services, the company’s cloud computing unit, led the revenue growth with a 19% jump, while its core e-commerce revenue was up 5%.

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