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The world's largest online merchant Amazon continued to benefit from burgeoning e-commerce and burgeoning computer services during the last quarter. Both sales as well as earnings increased again significantly in the second quarter.
Especially in the consolidated profit, Amazon has been able to surprise in a very positive way. The sales figures have disappointed the experts against something. The share, which has been rising for some time, has nonetheless increased by two per cent after hours.
The turnover rose 39 percent to $ 52.9 billion between April and late June, the company said Thursday in Seattle. However, the increase in sales was not as strong as at the beginning of the year. Experts also expected slightly higher receipts.
In addition, growth over the three months from July to the end of September is expected to slow slightly. For the third quarter, Amazon's boss, Jeff Bezos, is targeting sales between $ 54 billion and $ 57 billion, an increase of 23 to 31 percent over the previous year. Here too, Amazon is below the current estimate of the experts.
Significantly better than last year
On the other hand, Amazon surprised on the quarterly profit. That rose to $ 2.5 billion. A year ago, the group had only earned $ 197 million over the same period. Since Amazon has been increasing sales for a long time but still a sharp increase, but because of high investments in blocked red numbers or had barely made money, caused surprisingly high profit for significant gains after hours. for years on a high flight. In 2018 alone, the stock market value of the company has so far increased by more than half to 877 billion US dollars. This makes the online retailer after Apple the second most valuable listed company in the world. With the rise of the Amazon, founder and CEO Jeff Bezos has become the richest man in the world. Its assets, which consist mainly of the company's shares, according to a statement from the Bloomberg news agency is about $ 149 billion. (nda)
Created: 27.07.2018, 02:45
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