5 Ways Amazon.com, Inc. Crushed Its 3rd Quarter
There was lots of uncertainty before Amazon.com's (NASDAQ: AMZN) third-quarter earnings release Thursday. Since Amazon's third quarter has often been marked by big investments ahead of the holiday season, management provided an extremely wide guidance range for both revenue and profitability.
But any worries about the quarter were quickly forgotten when the e-commerce giant announced quarterly results well beyond management's outlook. With improved profitability, rapidly rising revenue, continued success of its Alexa-enabled devices, and more, Amazon's third quarter was a big win for shareholders. Here are five key takeaways from the quarter.
Image source: Amazon.com.
Source: Fool.com
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