Amazon Q3 Earnings Highlights: Revenue Beat, EPS Beat, Q4 Guidance, New Kindles 'Significantly Outperforming Our Expectations'
Portfolio Pulse from Chris Katje
Amazon reported strong Q3 earnings with revenue and EPS beating expectations. The company saw significant growth in AWS and streaming services. Q4 guidance is positive, and new Kindle products are outperforming expectations.
October 31, 2024 | 8:22 pm
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Amazon's Q3 earnings report showed strong performance with revenue and EPS beating expectations. AWS and streaming services were key growth drivers. Positive Q4 guidance and new Kindle products are outperforming expectations.
Amazon's Q3 results exceeded expectations with strong revenue and EPS, driven by AWS and streaming services. The positive Q4 guidance and outperforming Kindle products suggest continued growth, leading to a positive short-term impact on the stock price.
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