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Amazon announced its first-quarter financial results on Thursday, and it blew by what Wall Street was looking for.
The stock was up about 4% in after-hours trading following the report.
Here were the key numbers:
- Revenue of $35.71 billion, versus Wall Street estimates of $35.3 billion. A nice beat. This was $29.1 billion a year ago.
- EPS of $1.48, versus estimates of $1.13 per share, non-GAAP. This compares with non-GAAP EPS of $1.07 per share a year ago. A big beat as well.
Analysts were also closely watching the performance of Amazon’s cloud computing unit, Amazon Web Services.
AWS reported $3.66 billion in revenue and 43% growth, which beat the…