E-commerce giant Amazon Inc. (NASDAQ: AMZN) reported Q2 2020 earnings results today.
Net sales increased 40% to $88.9 billion.
Net income rose to $5.2 billion, or $10.30 per share, from $2.6 billion, or $5.22 per share, in the same period last year.
Also read: Amazon is headed for a busy second half
For the third quarter of 2020, net sales are expected to be between $87 billion and $93 billion, reflecting a growth of 24-33% from the prior-year period.
At the tech-antitrust congressional hearing that took place on Wednesday, Amazon CEO Jeff Bezos responded vaguely to a question on the use of seller data in making business decisions. Bezos attended the hearing along with the leaders of the other FAANG stocks.
Click here to access the transcript of Amazon Q2 2020 earnings conference call
Columbia Sportswear Company (NASDAQ: COLM) delivered gross margin expansion of 50 basis points. As a…
Kforce Inc. (NYSE: KFRC) delivered 3% sequential revenue growth. This gain came as demand for…
Shares of PepsiCo, Inc. (NASDAQ: PEP) gained 4% on Tuesday after the company beat expectations…
Pharmaceutical company Merck & Co., Inc. (NYSE: MRK) on Tuesday reported an increase in revenue…
PayPal Holdings, Inc. (NASDAQ: PYPL) reported its fourth quarter 2025 earnings results today. Net revenues…
Shares of The Walt Disney Company (NYSE: DIS) fell over 6% on Monday, despite the…
