Amazon's 3Q results miss analysts' estimates, but posts solid sales gains in cloud computing unit
NEW YORK — Amazon offered a cautious sales outlook for the current fourth quarter that encompasses the critical holiday shopping period after delivering fiscal third-quarter results that came in below Wall Street analysts’ expectations.
TL;DR
- Amazon provided a cautious sales outlook for the current fourth quarter.
- The fourth quarter includes the important holiday shopping period.
- Amazon's third-quarter results did not meet Wall Street analysts' expectations.