The US online retailer Amazon has completed the first quarter with a surprisingly high profit. Net income was at 513 million dollars (452 million euros), as the company announced.
The US online retailer Amazon has completed the first quarter with a surprisingly high profit. Net income was at 513 million dollars (452 million euros), as the company announced on Thursday. In the first quarter 2015 Amazon had made plus of 57 million loss. Whether the good news put the Amazon share in after-hours trading to almost twelve percent.
It is for Amazon to the fourth quarterly profit in a row. The investors especially noticed earnings per share was $ 1.07 – analysts had on average 0.58 dollars. Sales also surprised the experts. He was in the first quarter of 29.1 billion and thus exceeded the average expectations by more than one billion.
Central drivers of success was as in the previous quarter, the cloud division Amazon Web Services (AWS). Sales increased year on year by 64 percent to $ 2.6 billion. AWS is now profitable than Amazon’s core business, the Internet trade.