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Amazon says it may lose money while spending on coronavirus response, stock sinks in late trading
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Shares of the company dipped 5% in after-hours trading Thursday.
Amazon reported first-quarter earnings of $2.5 billion, or $5.01 a share, down from $3.56 billion, or $7.09 a share, in the year-ago period. Revenue grew to $75.5 billion from $59.7 billion in the year-ago period. Analysts surveyed by FactSet had estimated $6.23 a share on revenue of $73.7 billion on average.
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https://www.marketwatch.com/story/amazon...eid=yhoof2
![[Bild: AMZNc1dl1808.png]](https://finviz.com/publish/043020/AMZNc1dl1808.png)
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Shares of the company dipped 5% in after-hours trading Thursday.
Amazon reported first-quarter earnings of $2.5 billion, or $5.01 a share, down from $3.56 billion, or $7.09 a share, in the year-ago period. Revenue grew to $75.5 billion from $59.7 billion in the year-ago period. Analysts surveyed by FactSet had estimated $6.23 a share on revenue of $73.7 billion on average.
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https://www.marketwatch.com/story/amazon...eid=yhoof2
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