BEZOS EARNS BILLIONS IN 20 MINUTES

Support our flag. Get the bumper sticker. CLICK HERE

Jeff Bezos is Founder and CEO of Amazon.com, an online merchant of just about everything under the sun. Amazon is offers everything — TV programming — movie production and rentals — merchandise sales — server storage — drone deliveries — and so much more.   Today, Amazon.com announced its quarterly earnings and the market loved what they heard.

Amazon reported first-quarter net income of $513 million, or $1.07 per share, on $29.13 billion in revenue. Those figures compare with a loss of 12 cents per share and $22.72 billion in sales for the previous year.

Within 20-minutes of the results being announced, the Amazon CEO saw his 82.9 million shares increase in value by $6 billion as the company’s stock price jumped over 10% in after-hours trading.Screen Shot 2016-04-28 at 6.53.52 PM

JOIN THE MOVEMENT to SAVE THE NATIONAL ANTHEM
Please join the thousands of DML readers who have purchased a bumper sticker. CLICK HERE.

If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).

To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.







 

Comment via Facebook

 

Comment via Disqus

Send this to a friend