Amazon Surprises With Earnings Beat; Sales Up 20 Percent In Q2 2015

by Ginny Marvin
Amazon headquarters, Seattle, Washington Amazon reported a 20 percent jump in sales to $23.18 billion in the second quarter of 2015, compared to sales of $19.34 billion in Q2 2014. In a surprising shift, net income was positive in Q2, coming in at $92 million or $0.19 per share for the quarter. That compares to a net loss of $126 million or $0.27 per share a year ago.Read the full article