Amazon has announced its latest quarterly results, revealing unexpectedly strong profit growth and an increase in share value.
The results cover the company's second financial quarter of 2015, and include sales increases of 20 percent.
Sales in the quarter rose to $23.18bn, representing decent growth against the $19.34bn in the second quarter of 2014. Operating income increased to $464m, compared with an operating loss of $15m last year.
Amazon reported net income of $92m for the quarter, again comparing favourably with a $126m net loss reported in the same period last year.
The firm celebrated a number of highlights over the quarter, including the opening of new international locations, continuing strong performance for its web services business, the addition of features to paid-for Prime services, more enterprise options, and the success of consumer-facing paid TV services.
"The teams at Amazon have been working hard for customers," said chief executive Jeff Bezos as he introduced the results and the high spots.
"We unveiled Amazon Business, opened Amazon Mexico, launched Prime free same-day, rolled out our ninth Prime Now city, broke our Black Friday record with the first-ever Prime Day, received 11 Emmy nominations for Transparent, introduced the Alexa Skills Kit and Alexa Voice Service, opened FBA Small and Light, and continued to double down on our fastest growing geography, India.
"Amazon also launched 350 significant Amazon Web Services [AWS] features and services so far this year (ahead of last year's pace) and introduced AWS Educate."
Bezos added that Amazon has also boosted its green ambitions and is well on the way to meeting company goals.
He explained that a range of agreements covering solar and wind power had helped the firm to beat its own targets, and were "enough to exceed our 2016 goal of 40 percent renewable energy".
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