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Amazon Beats Q3 Expectations

Again beating analyst estimates, Amazon reported $25.4 billion in net sales and earnings of 17 cents per share during the third quarter. “Analysts were expecting a loss of 13 cents per share on sales of $24.91 billion,” TechCrunch reports. “The company is expecting revenue of between $33.5 billion and $36.75 billion, compared to the $35.1 billion analysts were expecting.”


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