Amazon Extends 20-Year Streak of Double-Digit Revenue Growth

The Takeaways From Amazon's Second-Quarter Earnings

Amazon has beaten investors’ expectations on revenue today, $38 billion in sales reported for this quarter, compared with the $37.2 billion investors were anticipating.

Strong revenue growth numbers are par for the course with this company: Amazon has an unbroken, 20-year streak of posting revenue growth in the double digits. This quarter’s 25 percent growth extends that streak, topping investor estimates of 22 percent year-over-year growth in revenue this quarter.

Here’s a look at revenue growth over the last two years.

This story comes from our TOPLive blog.

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