Amazon posts higher-than-expected first-quarter revenue
The e-commerce giant, which is also rapidly expanding its lineup of devices and computing services to sustain its pace of growth, reported earnings per share of 23 cents, in line with Wall Street expectations.
Revenue rose to $19.74 billion, slightly beating expectations of a 21 percent jump to $19.4 billion, according to Thomson Reuters I/B/E/S.
(Reporting by Deepa Seetharaman; Editing by Bernard Orr)