Amazon stock dips even as earnings beat expectations with strong cloud growth
Amazon on Wednesday posted better-than-expected earnings and revenue for the first quarter, and reported cloud sales that topped analysts' expectations. The stock fell more than 1% in extended trading. Here's how the company did, compared with estimates from analysts polled by LSEG:Earnings per share: $2.78 vs. $1.64Revenue: $181.52 vs. $177.30 billionWall Street was also looking at other key revenue numbers: Amazon Web Services: $37.59 billion vs. $36.64 billion, according to StreetAccountAdver...
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