Workflow
Amazon Q3 earnings beat expectations as AWS growth hits 20%

Amazon’s cloud just cleared. The company posted 180.2billioninrevenue,a180.2 billion in revenue, a 1.95 EPS, and 20% growth in Amazon Web Services (AWS) — its strongest pace in more than a year. The beats landed across the board: revenue up 13% from a year earlier, profit above expectations, and guidance for the holiday quarter steady to slightly higher. Shares jumped around 13% in after-hours trading as Wall Street recalibrated: Maybe the world’s largest retailer is also back to being one of its most formidable cloud compani ...