Amazon.com (AMZN) PT Raised to $3,700 at Mizuho Securities

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Go back to Amazon.com (AMZN) PT Raised to $3,700 at Mizuho Securities

Amazon.com Announces Second Quarter Results

July 30, 2020 4:08 PM EDT

SEATTLE--(BUSINESS WIRE)-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2020.

Operating cash flow increased 42% to $51.2 billion for the trailing twelve months, compared with $36.0 billion for the trailing twelve months ended June 30, 2019. Free cash flow increased to $31.9 billion for the trailing twelve months, compared with $25.0 billion for the trailing twelve months ended June 30, 2019. Free cash flow less principal repayments of finance leases and financing obligations increased to $21.3 billion for the trailing twelve months, compared with $16.1 billion... More