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00:02Amazon reported first quarter earnings of $2.78 per share on $181.52 billion in revenue,
00:11beating analyst estimates of $1.66 per share and $177.30 billion, according to Benzinga Pro.
00:19Revenue rose 17% year over year. North America generated $104.1 billion.
00:25International totaled $39.8 billion, and AWS delivered $37.6 billion,
00:33with growth rates of 12%, 19%, and 28% respectively.
00:39Operating cash flow increased 30% to $148.5 billion for the trailing 12 months,
00:45while free cash flow fell to $1.2 billion due to higher property and equipment purchases.
00:51Cash and equivalents reached $104.69 billion.
00:57CEO Andy Jassy said Amazon is navigating major inflections and is well-positioned to lead.
01:03The company guided second quarter revenue to $194 billion to $199 billion,
01:09above estimates of $188.87 billion.
01:14Shares were up by 4.62% at $271.70 in Thursday's pre-market trading, according to Benzinga Pro.
01:24For all things money, visit Benzinga.com.
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