2 Amazing Stats From Amazon's Third Quarter
Amazon (NASDAQ: AMZN) has been one of the most influential companies of the last 20 years, and its dominance of industries ranging from e-commerce to cloud computing makes it unique even among FAANG stocks.
That singular "Day One" mentality Amazon management operates under was on display once again when the company reported third-quarter earnings last week. Its headline numbers of 37% revenue growth to $96.1 billion and a near doubling in operating income grabbed most of the attention. But two financial metrics hidden deeper in Amazon's earnings show what makes the company so special and why it remains a growth juggernaut even as it's now the second-biggest company by revenue in the U.S., and could soon be the biggest in the world.
Keep reading to see two stunning numbers from Amazon's latest report.
Source Fool.com
