(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.
Advertisement - story continues below
Revenue rose about 20 percent from the year-earlier period, spurred by strength in North America.