Amazon (AMZN) Improves Margins, Analyst Tells CNBC

Amazon (NASDAQ: AMZN) performed very well and posted good results for the quarter. The company recorded $0.85 in net profit per share and comfortably surpassed market estimates of $0.72.

Amazon also posted $9.5 billion in revenue. Amazon has also issued a strong projection for the next quarter. It has projected $7 billion in revenue. Talking with CNBC's Jim Goldman, Hamed Khorsand of BWS Financial said that the company seems to have improved its margin. According to him Amazon has also managed its operating expenses well. Charles Liberman of Advisors Capital Management told CNBC that Amazon is priced for perfection.