Amazon's second quarter ends with disappointing results. In the period considered, in fact, despite sales having risen by 22%, the e-commerce giant recorded net losses of 7 million dollars (2 cents per share) against 7 million profits in the second quarter of last year. The massive investments in new technologies weigh heavily on Amazon's accounts.
Revenues grew from $12,83 billion to $15,70 billion, still lower than the consensus figure of $15,73 billion. The forecasts for the current quarter are also disappointing. In after-hour trading, Amazon shares fell more than 5% following the release of the data.
