Amazon crushes earnings estimates with $108.5 billion in Q1 revenue, up 44%, profits of $8.1 billion

The Amazon Spheres in Seattle. (GeekWire Photo / Kurt Schlosser)Amazon blew past expectations for its first fiscal quarter earnings, posting revenue of $108.5, up 44% year-over-year, and earnings per share of $15.79, up from $5.01. Analysts expected revenue of $104 billion and earnings per share of $9.54. The Seattle-based giant has surged amid the pandemic as more consumers turn to…
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