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Amazon on Wednesday posted better-than-expected earnings and revenue for the first quarter, and reported cloud sales that topped analysts' expectations.
Amazon on Wednesday posted better-than-expected earnings and revenue for the first quarter, and reported cloud sales that topped analysts' expectations. The stock fell more than 1% in extended trading. Here's how the company did, compared with estimates from analysts polled by LSEG: Wall Street was also looking at other key revenue numbers: Revenue in Amazon's cloud segment increased 28% year over year to $37.59 billion, marking its fastest growth in more than three years. Wall Street had expected AWS sales to grow 26%. For the current quarter, Amazon said it expects sales to come in between $
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