Amazon (AMZN) Q3 2024 Earnings Call + Q&A

#Shacknews #Business #Stocks Read More Here: https://www.shacknews.com/article/142070/amazon-amzn-aws-q3-2024-revenue With Amazon having reported on its latest fiscal quarter, Q3 2024, we also got a fresh finger on the pulse of how Amazon Web Services is doing. Simply put? Good. The segment grew its revenue by around 19 percent year-over-year from Amazon’s Q3 2023, adding substantially to the company’s successful bottom line on revenue and earnings-per-share (EPS). Amazon shared the revenue of AWS in its Q3 2024 earnings results on its investor relations website this week. There, Amazon shared that revenue specifically for Amazon Web Services ended up landing at $27.5 billion. That accounted for a 19 percent increase over Amazon’s Web Service revenue from Q3 2023, which itself was a larger increase than what AWS experienced from 2022 to 2023 (12 percent). CONNECT WITH US! FACEBOOK: https://www.facebook.com/shacknews TWITTER: https://twitter.com/shacknews INSTAGRAM: http://instagram.com/shacknewsmedia Watch us live at http://www.twitch.tv/shacknews To support the team, visit the site: http://www.shacknews.com