Amazon’s Confusing Q1 2023: Shares Rally On Earnings Beat But “Optimizations” Spooked Investors
Amazon.com, Inc. (Nasdaq: AMZN) reported on Thursday its financial results for Q1 2023. The company recorded $127.36 billion in net sales, an increase from Q1 2022’s $116.44 billion. The revenue figure exceeded the previously announced guidance of $121.0 billion – $126.0 billion, and the street estimate of $124.7 billion. Breaking down the topline quarterly sales, the … Continue reading Amazon’s Confusing Q1 2023: Shares Rally On Earnings Beat But “Optimizations” Spooked Investors
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