EARNINGS ROUNDUP
Times Wire Reports
Amazon.com Inc. said first-quarter earnings climbed 24% to $177 million, or 41 cents a share, a surprise to analysts.
Revenue rose 18% to $4.89 billion, the Seattle-based online retailer said. Analysts surveyed by Thomson Reuters were expecting 31 cents a share on revenue of $4.75 billion.
Amazon shares rose $2.17 in after-hours trading after finishing regular trading up $1.41, or 1.8%, at $80.61.
