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by mikeschmatz
2145 days ago
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> Because Amazon is comparatively low-margin vs. other tech companies, improved revenue has a much greater effect on earnings. Are you saying that 10% revenue increase has led to 10x earnings beat? That doesn't make any sense. |
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If you were expected to make $1.01 and spend $1, and instead you made $1.10 and spent $1, your revenue only beat by 9% but your income beat by 900%.