Amazon Falls after profit expectations that misses expectations

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Amazon issued a weaker direction than the second quarter, as the shares of the e -commerce company that slipped in post -working hours were sent.

The group said on Thursday that it expects operating income between 13 billion dollars and 17.5 billion dollars in the current quarter, which is compared to 14.7 billion dollars a year ago, but it is less than Wall Street’s expectations of $ 17.7 billion.

Amazon also expected sales sales in the current quarter between 159 billion dollars and 164 billion dollars, with the rates of analysts amounting to 161.4 billion dollars.

The group’s revenues increased in March in Seattle to 9 percent year on an annual basis to $ 156 billion, and they tightly won estimates of $ 155 billion, according to unanimity estimates from the S&P Visible Alpha.

The shares of the company fell 4 percent after the trading hours.

This is a developing story