Amazon's Second-Quarter Revenue Fell Short of the Expectations

Amazon's second-quarter revenue fell short of the expectations. Amazon's second-quarter revenue was $113.1 billion.

US e-commerce giant Amazon announced its balance sheet for the April-June period. Amazon's revenue in the second quarter of this year increased 27 percent compared to the same period last year to reach $ 113.1 billion, but it did not exceed market expectations. According to the statement made by Amazon, Amazon's revenue in the second quarter of this year increased by 27 percent compared to the same period last year, reaching 113.1 billion dollars. Net sales of the company in the same period of last year were recorded as 88.9 billion dollars. Despite its high performance in this period, the company's revenue, which fell short of market expectations, was expected to reach $115.2 billion in the second quarter. Amazon's net profit also rose to $7.8 billion during this period. The net profit of the company in the same period of last year was $5.2 billion.