Amazon.com Inc. Q1 Income Drops

(RTTNews) - Amazon.com Inc. (AMZN) announced a profit for first quarter that Dropped, from the same period last year

The company's earnings came in at $17.12 billion, or $1.59 per share. This compares with $30.25 billion, or $2.78 per share, last year.

The company's revenue for the period fell 14.2% to $155.66 billion from $181.51 billion last year.

Amazon.com Inc. earnings at a glance (GAAP) :

-Earnings: $17.12 Bln. vs. $30.25 Bln. last year. -EPS: $1.59 vs. $2.78 last year. -Revenue: $155.66 Bln vs. $181.51 Bln last year.

-Guidance: Next quarter revenue guidance: $ 194.0 B To $ 199.0 B