Amazon has increased its revenue by 13 times

Amazon's operating profit in the second quarter has almost quintupled – from $ 628 million to $ 2.98 billion

The world's largest retailer of Amazon.com Inc. Almost 13-fold increase in net income in the second quarter of 2018, exceeding for the first time $ 2 billion

As stated in an Amazon press release, net profit climbed to 2.5 billion in April-June, or 5.07 $ per share, compared to $ 197 million, or $ 0.40 per share, for the same period last year.

Revenues increased by almost 40% – from $ 37.96 billion to $ 52.90 billion

Experts surveyed by FactSet in Amazon's quarterly profit is expected to $ 2.48 per share for $ 53.37 billion in revenue.

The company's operating profit in the last quarter increased Ajax five times from $ 628 million to $ 2.98 billion. The forecast for this indicator was $ 1.73 billion.

In the third quarter, Amazon expects revenue of $ 54 billion to $ 57.5 billion, operating profit of $ 1, Analysts on average predicted operating profit of $ 1.25 billion for a business turnover of 58.07 billion dollars

Recall that in the first quarter of 2018, Amazon's net profit rose 2.25 times and has reached 1 dollar. , 63 billion

It was previously reported that Amazon's founder Jeff Bezos has become the richest person in history. The net worth of his fortune has reached $ 150 billion.

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