Amazon Earnings: Advertising Surges 22% Over Year-Ago Levels
Amazon saw its profits grow in the second quarter, reporting net income of $6.7 billion or $0.65 per diluted share, after reporting a net loss of $2.0 billion, or $0.20 per diluted share, in second quarter 2022. Advertising revenue increased to $10.7 billion, from $8.8 billion a year ago. (THR) In i...
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