🟢 $AMZN+2.5% results:
- Revenue $127.40B (est. $124.55B)
- EPS $0.31 (est. $0.21)
- FCF $3.3B
What I would mention is the operating income of the AWS segment, which declined year-over-year to $5.1B, down from $6.5B Q1 2022. However, it still beat estimates.
I was also surprised by the results. But the market reactions and the price movements are interesting at times.
The results are a solid surprise, I expected worse. Anyone have insight on the next outlook? I haven't gotten around to it yet.