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Amazon Shares Fall After Q3 Results Miss Wall Street Forecasts As Big Tech Market Rout Continues

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Summary

Amazon shares fell as much as 9% in after-market trading Thursday after the tech giant reported third-quarter earnings below Wall Street analysts’ expectations. Earnings per share came in at $1.89 on a diluted basis, down from $1.95 in the year-ago quarter, while total revenue climbed 12% to $201.9 billion. The consensus forecast from analysts called

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  1. Quartz Leans left Factuality: High US
    Amazon's cloud unit grew 39%, its fastest pace in nearly five years, beating forecasts

    Amazon stock fell more than 7% in extended trading as total revenue and per-share earnings came in below analyst estimates

  2. Deadline Center Factuality: High US
    Amazon Shares Fall After Q3 Results Miss Wall Street Forecasts As Big Tech Market Rout Continues

    Amazon shares fell as much as 9% in after-market trading Thursday after the tech giant reported third-quarter earnings below Wall Street analysts’ expectations. Earnings per share came in at $1.89 on a diluted basis, down from $1.95 in the year-ago quarter, while total...