Amazon shares fall more than 6% after revenue and earnings miss expectations

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Amazon shares fall more than 6% after revenue and earnings miss expectations
Photo: Michel Spingler/AP/TT

Revenue came in at $201.94 billion, compared with market expectations of $202.31 billion, according to CNBC.

Earnings per share were also lower than expected, at $1.89 compared with expectations of $1.96.

Sales at Amazon's cloud services segment, AWS, were slightly better than expected, with revenue of $45.98 billion compared with expectations of $45.29 billion, according to analyst firm StreetAccount.

The stock plunged more than 6 percent in after-hours trading.

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By TT News Agency. English edition by Sweden Herald, adapted for our readers

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