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Update: Amazon.com Shares Rise After Q2 Beat

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(Updates with the latest stock movement in the first paragraph and headline.)

Amazon.com's (AMZN) shares were up 13% in Friday trading, a day after the company reported Q2 results that exceeded analysts' estimates.

The company reported Q2 earnings of $5.75 per diluted share, up from $1.68 a year earlier.

Analysts polled by FactSet expected $1.82.

Revenue for the three months ended June 30 was $200.61 billion, up from $167.70 billion a year earlier.

Analysts expected $197.04 billion.

For Q3, the company expects revenue of $197 billion to $202 billion. Analysts expect $203.91 billion.

Price: $268.29, Change: $+32.79, Percent Change: +13.92%

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