- Revenues $155.7 billion which is higher than the $154.889 billion estimate.
- EPS $1.59 versus $1.36 expected.
- AWS +17% to $29.3 million
- AWS operating income $11.5 billion versus $9.4 billion previous
Forward guidance for Q2
- Q2 operating income guidance 13 – $17.5 billion which is lower than expected $17.82 billion expected.
- Q2 revenue view $159 billion-$164 billion versus expectations of $161.62 billion.
- Q2 revenue guidance anticipates unfavorable impact of about $10 billion from FX rates.
Amazon shares are trading down 4.86% on concerns about guidance.
This article was written by Greg Michalowski at www.forexlive.com.
