Future Tech
Amazon forecasts third-quarter revenue above estimates
Amazon.com forecast third-quarter revenue above Wall Street expectations on Thursday, boosted by its biggest Prime Day sale event in July that drew price-conscious consumers to its e-commerce platform.
The company forecast current-quarter net sales in the range of $138 billion and $143 billion. Analysts polled by Refinitiv were expecting revenue of $138.25 billion.
- Reuters
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