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Amazon (AMZN) Q2 earnings report 2023

Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle.

Bruce Bennett | Getty Images Sport | Getty Images

Amazon said second-quarter revenue climbed 11%, and the company issued a forecast showing potential growth acceleration in the current period. The stock rose more than 5% in extended trading.

  • Earnings: 65 cents a share vs. 35 cents per share expected, according to analysts surveyed by Refinitiv
  • Revenue: $134.4 billion vs. $131.5 billion expected, according to analysts surveyed by Refinitiv

Wall Street is also watching other key numbers in the report:

  • Amazon Web Services: $22.1 billion vs. $21.8 billion in revenue, according to StreetAccount
  • Advertising: $10.7 billion vs. $10.4 billion in revenue, according to StreetAccount

WATCH: Amazon is planning to invest $7.2 billion in Israel

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