Amazon shares surge on earnings surprise

July 24, 2015 1:34 AM

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SAN FRANCISCO — Amazon surprised Wall Street with a profit in the second quarter, sending shares soaring 18% in after-hours trading.

The e-commerce giant said revenue for the three months ended in June rose 20% to $23.2 billion on a profit of $92 million, or 19 cents a share.

Also read: Goldman Sachs earnings: $5.08 a share vs. $4.82 estimate

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