(CNBC) Amazon shares spiked on Thursday after the company easily topped quarterly earnings and revenue estimates.
The online retailer posted second-quarter profit of 19 cents per share on $23.18 billion in revenue. Its sales were more than $300 million higher than the highest of 36 estimates from analysts polled by Reuters.
Shares rose as much as 16 percent in extended trading after the results.
Revenue rose about 20 percent from the year-earlier period, spurred by strength in North America.
