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Amazon had a good quarter.
The company reported revenues of $127.4 billion in Q1 2023, beating analyst expectations that the company would bring in $124.5 billion. The stock is up 11 percent in after-hours trading. However, it hasn’t been all good news at the company today; it laid off about 100 employees in Amazon Studios and Prime Video.
Amazon.com Announces First Quarter Results
[ir.aboutamazon.com]
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