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Amazon Q2 2015 Earnings Beat Wall Street Expectations

Retail and streaming giant reports $0.19 earnings per share, versus $-0.14 based on analysts’ predictions

Amazon reported its earnings for the second quarter of 2015 on Thursday, surpassing Wall Street expectations.

The retail and streaming service reported earnings per share of $0.19, which surpassed Wall Street’s expectations of $-0.14 EPS. The number is also higher than the $-0.27 earnings a year ago.

Amazon also reported revenue of $23.2 billion, which also narrowly surpassed the projected $22.39 billion, and is up from $19.34 billion a year ago.

“The teams at Amazon have been working hard for customers,” said Jeff Bezos, founder and CEO of Amazon.com, in a statement. “We unveiled Amazon Business, opened Amazon Mexico, launched Prime free same-day, rolled out our ninth Prime Now city, broke our Black Friday record with the first-ever Prime Day, received 11 Emmy nominations for ‘Transparent,’ debuted six new kids pilots, brought Echo to general availability, introduced the Alexa Skills Kit and Alexa Voice Service, opened FBA Small and Light, continued to double down on our fastest growing geography — India, launched 350 significant AWS features and services so far this year (ahead of last year’s pace), introduced AWS Educate, and entered into agreements for new solar and wind farms — enough to exceed our 2016 goal of 40% renewable energy.”

The retail giant touted the success of its Prime Day on July 15, which drew more new Prime signups than any other single day in the program’s history, and also praised its studio’s original programming, particularly forthcoming series “Man in the High Castle” and “Hand of God.”