Amazon Expects To Expend All Of Q2’s Profit Fighting COVID-19
PYMNTS
MAY 1, 2020
In his remarks to investors after the statement went public, CFO Brian Olsavsky told investors that by the end of 2020, Amazon expects to have spent a full $1 billion on COVID-19 testing alone. forecast pre-release. That pick-up, however, will be offset largely by an operating loss range of $1.5 billion result.
Let's personalize your content