6 days ago • Posted by William Ramstein

Amazon expected to deliver strong Q2 growth, play up new jobs and merchant sales

Amazon, one of the main beneficiaries of pandemic-induced behavioral shifts that forced millions of Americans home last spring, has already seen two years of quarterly revenue growth. Revenue jumped 40.2% to $88.91 billion in the second quarter of 2020 on elevated customer demand that began in early March that year. Amazon's first-quarter 2021 revenue rose 43.8% to $108.52 billion, after a strong holiday season. Source: S&P Global