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The world's largest online retailer of Amazon.com Inc. increased its net profit by almost 13 times in the second quarter of 2018, exceeding for the first time $ 2 billion, particularly due strong indicators of the profile of retail businesses.
According to a statement from Amazon, net profit jumped up in April-June to $ 2.5 billion, or $ 5.07 per share, compared with $ 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 average Amazon quarterly revenue at $ 2.48 Profit from # The company's operations nearly quintupled in the last quarter, from $ 628 million to $ 2.98 billion, or $ 1.73 billion.
Currently, Amazon combines two large companies: a huge business empire that typically has minimal profitability or even a loss, and a smaller but very capable cloud bucket – Amazon Web Services ( AWS ). 19659002] During the last quarter, Amazon's Ecommerce Division achieved a business turnover of 46.78 billion, operating profit climbed to 1.34 billion, with a consensus forecast of only $ 240 million
In subsection AWS operating profit climbed nearly 80 The revenue of this company exceeded for the first time 6 billion and grew by 48.9% to $ 6.105 billion.
North American revenues in April-June rose from $ 22.4 billion to $ 32.2 billion outside the region – $ 11.5 billion at $ 14.6 billion – Operating profit in North America surged more than four times to $ 1.84 billion, but operating losses are again recorded at 39, foreign – $ 494 million compared with $ 724 million the year before
Amazon Fyndor Brian Olsawski at the conference call after the publication of the report explains the increase in revenue in the electronic segment trade in America's North by a number of factors, including the increase in online advertising revenue, the increase in the share of highly profitable business and the increase in the cost efficiency of & #,,,,,,,, et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et et 39; infrastructure.
Amazon's staff has grown by more than 65%, or 225,000 people, and in the first half of 2018, by less than 2%, to 575,000.
In Amazon III Amazon expects revenue of $ 54 billion to $ 57.5 billion, operating profit of $ 1.4 billion to $ 2.4 billion. Analysts have on average forecast operating profit of $ 1.25 billion, with a gain of $ 58.07 billion [19659013]
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