YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Amazon reported third quarter net income of $2.1 billion, a 26% drop from $2.9 billion a year earlier.
Earnings per share of $4.23 were below analysts' predictions of $4.62 per share. Company officials pointed to increased expenses, including spending on its advertising sales force.
Revenue of $70 billion beat expectations of $68.8 billion.
Read more from CNBC.
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