Amazon.com Inc. (NASDAQ:AMZN) has posted good results, but missed forecasts. The company reported 45 percent increase in its quarterly profits. Its net incomes stood at 45 cents per share, up from 32 cents a share, a year ago. The company’s revenue for the quarter is $6.57 billion, up from $4.65 billion for the same quarter last year.
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The company stock closed at $120.07 yesterday, after gaining 2.25%. However, in pre market hours, it is trading 11.47% lower at $106.30. In the last 52 weeks, the stock has traded in the range of $77.51-$151.09. Amazon.com’s 50-days moving average is $121.53, whereas its 200-days moving average stands at $125.62. The company’s beta is 1.31 and its EPS is $2.29. Amazon.com’s market cap is $53.51 billion.
Microsoft Inc. (NASDAQ:MSFT) has posted $16.04 in revenue for this quarter. It increased its revenue by 22%. The company also reported 48% increase in its profits to $4.52 billion, which translates in to earnings of 52 cents per share. The company said that it saw strong sales across all of its businesses.
Microsoft Inc. stock closed 2.87% higher yesterday, at $25.84. In pre market hours, the stock has gained further 0.81% and is trading at $26.03. The company’s beta is 1.04, while its EPS is $1.93. Its market cap stands at $226.46 billion. Microsoft Inc.’s 50 days moving average is $25.72. Its 200-days moving average is $28.19.
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SanDisk Corporation (NASDAQ:SNDK) posted its quarterly numbers in line with the consensus estimates. It recorded $1.18 billion in revenue for the second quarter, marginally surpassing analysts expectations of $1.16 billion. Its profit stood at $257.9 million.
SanDisk Corporation stock closed at $43.10 yesterday. During the pre market hours, the stock is trading at $40.80, down 5.34%. The company’s 50 days moving average is $44.28 and its 200 days moving average is $32.74. The stock’s EPS is $3.66 and its beta is 1.82. The company’s market cap is $9.91 billion and the stock is currently trading at a P/E ratio of 11.78.
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