Amazon reported third-quarter results well ahead of Wall Street forecasts, with total revenue at $143.1 billion and earnings per share of 94 cents.
The revenue number, up 13% from the same period a year ago, soared past analysts’ consensus estimate of $133.4 billion. Analysts had expected EPS of 55 cents.
Shares in the tech giant have gained 40% in 2023 to date. After slumping in recent sessions, they perked up in after-hours trading on the earnings news.
The quarter included the start of Year 2 of a major streaming initiative: exclusive coverage of the NFL’s Thursday Night Football franchise.
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