Amazon announced its Q1 2025 financial results on Thursday, surpassing expectations set by experts regarding the performance from January to March.
Wall Street predicts an average earnings per share (EPS) of 1.37 dollars, with a total revenue of approximately 155 billion, based on data from LSEG. Amazon’s reported diluted EPS was 1.59 dollars, and their revenue stood at around 155.7 billion.
Amazon had projected revenue to be between $151 billion and $155.5 billion.
2025 has seen a promising beginning for us, with particular satisfaction coming from the rapid pace of our innovation and the consistent enhancement of customer experiences,” said Andy Jassy, President and CEO of Amazon. “From the next-generation Alexa (Alexa+), which is significantly smarter, more capable, and able to perform tasks on behalf of customers, to setting another record for delivery speed for our Prime members, to the release of Trainium2 chips and the expansion of the Bedrock model that simplifies machine learning tasks for AWS customers by offering greater flexibility and cost-effectiveness, to the successful launch of our first Project Kuiper satellites into low earth orbit as we strive to bring broadband access to hundreds of millions of rural homes lacking it – we’re constantly discovering innovative solutions to make everyday life easier and better for our customers.
More to come…
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2025-05-01 23:17