Amazon Prime Video Advertising Revenue Soars in Q3 Earnings

  • 📰 THR
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The tech giant's ad revenues were up by 26% to $12B, and it reported $143B in total sales in the quarter, smashing Wall Street expectations.

Amazon smashed Wall Street expectations in its Q3 earnings report, delivering $143.1 billion in total revenue, and net income of $9.9 billion.

But of particular note to the entertainment industry, Amazon says that its advertising business continues to be a major revenue driver, topping $12 billion in the quarter, up 26% from a year ago.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines