{"id":6499,"date":"2022-07-28T21:36:30","date_gmt":"2022-07-28T19:36:30","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/07\/28\/amazon-posts-second-quarterly-loss-in-a-row-but-shares-rise-on-strong-earnings\/"},"modified":"2022-07-28T21:36:30","modified_gmt":"2022-07-28T19:36:30","slug":"amazon-posts-second-quarterly-loss-in-a-row-but-shares-rise-on-strong-earnings","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/07\/28\/amazon-posts-second-quarterly-loss-in-a-row-but-shares-rise-on-strong-earnings\/","title":{"rendered":"Amazon posts second quarterly loss in a row but shares rise on strong earnings"},"content":{"rendered":"<p>Sales up 7% in three months to June marking one of slowest growth periods in company\u2019s history but still better than expected<\/p>\n<p>Amazon reported its second quarterly loss in a row on Thursday but the company\u2019s share price gained over 10% in after-hours trading on stronger than expected earnings.<\/p>\n<p>Sales for the three months ending in June increased by 7% to $121bn compared with $113.1bn in the second quarter of 2021. The increase marks one of the slowest growth periods for Amazon in its history but was better than expected.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/jul\/28\/amazon-second-quarterly-loss-earnings\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/d85f57298e1be9832e9782c30c4d17af58df9a4f\/0_116_3500_2101\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=a13bbca0568047164a3f679ce7f903e3\" title=\"Amazon posts second quarterly loss in a row but shares rise on strong earnings\" \/>Sales up 7% in three months to June marking one of slowest growth periods in company\u2019s history but still better than expected<br \/>\nAmazon reported its second quarterly loss in a row on Thursday but the company\u2019s share price gained over 10% in after-hours trading on stronger than expected earnings.<br \/>\nSales for the three months ending in June increased by 7% to $121bn compared with $113.1bn in the second quarter of 2021. The increase marks one of the slowest growth periods for Amazon in its history but was better than expected. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sales up 7% in three months to June marking one of slowest growth periods in company\u2019s history but still better than expected Amazon reported its second quarterly loss in a row on Thursday but the company\u2019s share price gained over 10% in after-hours trading on stronger than expected earnings. Sales for the three months ending &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/07\/28\/amazon-posts-second-quarterly-loss-in-a-row-but-shares-rise-on-strong-earnings\/\"> <span class=\"screen-reader-text\">Amazon posts second quarterly loss in a row but shares rise on strong earnings<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":6500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6499"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=6499"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6499\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/6500"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=6499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=6499"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=6499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}