) reported third-quarter earnings that surpassed analyst estimates, driving its stock up 5.7% in after-hours trading despite issuing lower-than-expected guidance for the upcoming quarter.
Amazon's cloud division, AWS, continued its strong performance with sales increasing 19% YoY to $27.5 billion. The North America segment saw sales rise 9% to $95.5 billion, while International segment sales grew 12% to $35.9 billion. "As we get into the holiday season, we're excited about what we have in store for customers," said Andy Jassy, Amazon President & CEO."We kicked off the holiday season with our biggest-ever Prime Big Deal Days and the launch of an all-new Kindle lineup that is significantly outperforming our expectations."
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