Amazon reported $75.5 billion in net sales, with $2.5 billion in net income

Investingport
Amazon reported a big jump in net sales, the company reported $75.5 billion in net sales which means, it was up by 26% compared to last year but they only made a net income of $2.5 billion, that is $5.01 per share, but this also means a fall by 30 % when compared to the first quarter of 2019 when they reported $.3.6 billion or $7.09 per share. This shows that Amazon is affected by Coronavirus pandemic.Here are the notable numbers from Amazon’s earnings report. The stock was down about $100.00 after the report was released. Amazon’s 52 weeks high…
Source: Amazon reported .5 billion in net sales, with .5 billion in net income

Please follow and like us:

Please follow & like us :)