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AMAZON Q1 BEATS ON ADS, SUBSCRIPTIONS

Amazon reported first-quarter revenue of $181.5 billion, up 17% year-over-year, with advertising revenue climbing 24% to $17.24 billion and subscription services growing 15% to $13.43 billion.

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Techmeme+0m

Amazon reports Q1 revenue of $181.5B, up 17% YoY, net income of $30.3B, up 77%, and operating income of $23.9B, up 30% YoY (Amazon)

Amazon: Amazon reports Q1 revenue of $181.5B, up 17% YoY, net income of $30.3B, up 77%, and operating income of $23.9B,…

Techmeme+0m

Amazon reports Q1 ad revenue up 24% YoY to $17.24B, vs. $16.87B est., and subscription services revenue up 15% to $13.43B (Annie Palmer/CNBC)

Annie Palmer / CNBC: Amazon reports Q1 ad revenue up 24% YoY to $17.24B, vs. $16.87B est., and subscription services rev…

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