Amazon cloud revenue soars 42 percent, topping analyst estimates

Amazon cloud revenue soars 42 percent, topping analyst estimates

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/10/26/aws-earnings-and-revenue-q3-2017.html

Amazon Web Services, the cloud-computing business, grew 42 percent in the third quarter, beating Wall Street's expectations.

In its earnings report on Thursday after the market's close, Amazon reported AWS revenue of $4.58 billion, topping the $4.5 billion average analyst estimate, according to FactSet.