Amazon Conference Call Update
Says that guidance incorporates current revenue trends although note there are some issues that they are being conservative on... Co says that prime subs are a higher percentage than they ever have been before... co says it is difficult to discuss the digital revenue tracking at this point... marketing was 2.2% of revenues; historical range is 2.2-2.7%... co says seeing good early traction in web services... says they are like seeing the frequency in prime... co says operating margins outlook has not changed; expects to maiximize free cash flow per share; says operating margins in double digits are possible, notes that is not a projection just saying that it is possible... call has ended... stock is trading at $84.09 in after hours.
Courtesy of Briefing.com
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1 comment:
Kevin, I have a chart request.
What do you think about XHB (homebuilders)?
I hold a $$$load of puts since mid-February and they exploded. I need to figure out how to know when it's the time to take some profit.
I wish everyone my problems :-)))
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