Amazon's first quarter revenue was $155.7 billion, and the company expects second quarter operating profit to be lower than market expectations
Amazon's revenue in the first quarter was $155.7 billion, the market expected $154.92 billion, and $143.31 billion in the same period last year; operating profit in the first quarter was $18.4 billion, estimated at $17.51 billion; operating profit margin in the first quarter was 11.8%, analysts expected 11.2%; North American net sales in the first quarter were $92.89 billion, analysts expected $92.63 billion; physical store net sales in the first quarter were $5.53 billion, analysts expected $5.41 billion; AWS net sales in the first quarter were $29.3 billion, the market expected $29.41 billion; AWS net sales in the first quarter increased by 17% after excluding exchange rate factors, and analysts expected an increase of 17.2%. The company expects net sales of $159 billion to $164 billion in the second quarter, analysts expect $161.42 billion; the company expects operating profit of $13 billion to $17.5 billion in the second quarter, analysts expect $17.82 billion.