Amazon reports Q2 earnings, beating Wall Street expectations but shrinking staff headcount

July 29, 2022 10:10

Amazon reported their second quarter earnings on Thursday, with the results seeing Amazon shares climb more than 13% in extended trading and providing a positive guidance for Q3.

Amazon reported revenue of US$121.23 billion vs. US$119.09 billion expected in its 2022 second quarter, bolstering confidence for the third quarter.

Amazon CEO Andy Jassy.

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Seja Al Zaidi

Seja Al Zaidi was Mumbrella’s finance reporter, spearheading the publication’s coverage on the financials of advertising, marketing and media sectors.

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