News Formal

Amazon's ad business is booming, and there's still room to grow

  • 📰 CNBC
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Amazon's advertising segment was just one factor in the company's blowout fourth-quarter, but the company outlined ways it forecasts growth in the high-margin business.

, but the company outlined where it sees growth for the high-margin business.

Amazon's "other" category, which is mostly made up of its advertising business, generated $4.8 billion in revenue during the quarter, a 41% increase from the year-ago period. During the earnings call, the company's Director of Investor Relations Dave Fildes said ad revenue as a subset has been growing at about the same rate year-over-year in the fourth quarter as it did in the third quarter.

Asked by analysts how the company's ads business is working with brands, Fildes said the company is particularly excited about the Amazon's "stores," allowing a company to customize and curate a multipage digital storefront. Stores

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

...giving our domestic GDP room to shrink.

Booming, 41% is more then booming! That's exploding.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Amazon 4Q earnings preview: Analyst commentary leading up to report - Business InsiderThe report stands to reverse some of the negative sentiment sourced from Amazon's last release, which saw profits fall under analysts' expectations.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

If Amazon issues this warning in earnings, 'watch out below,' trader warnsAmazon's earnings report speaks to the state of the broader technology sector and its budding rivalries, says Neel Shah, senior trader at Peak6 Capital Management. TradingNation There is no such thing as ”bearish” nowdays... Buy stocks the FED and WHO got your backs! neverAredDay again, ever!
Fonte: CNBC - 🏆 12. / 72 Leggi di più »