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May 2, 2025

Amazon outlook tempered by tariffs

NEW YORK (AP) — Amazon posted higher first-quarter profit and sales, but the online juggernaut issued a tempered sales outlook for the current quarter amid uncertainty about President Donald Trump's tariffs.

The Seattle-based company said Thursday that it earned $17.13 billion, or $1.59 per share, for the quarter ended March 31. That compares with $10.43 billion or 98 cents per share, in the year-ago period.


 
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