Koss GAAP EPS of -$0.02, revenue of $3.09M
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Amazon gives Wall Street mixed financial picture in earnings report
E-commerce company posts high cloud computing sales but gives a cautious sales forecast for the fourth quarter Amazon offered a mixed picture of its financial health on Thursday in its quarterly…
Amazon reported booming cloud revenue but otherwise missed expectations
The biggest ouch of the report was its negative free cash flow of $2.4 billion.
- Amazon cloud revenue grew 39% YoY, beating expectations
- Free cash flow turned negative at $42.4 billion YoY
- Company forecasts $220B in capital expenditures for 2026