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“This Q4 was a record-breaking Holiday shopping season and closed out a robust 2023 for Amazon,” said CEO Andy Jassy in the earnings release. Amazon's muscular earnings report and subsequent ...
Even as Amazon brought home earnings per share (EPS) of $1.26, beating estimates of $1.04 and nearly doubling profits from the same period last year, investors focused instead on the report's ...
The unit had propped Amazon’s earnings during a slowdown in online sales in the aftermath of the pandemic. AWS began to see lower rates of growth in the past year as companies cut costs amid ...
Amazon earned $6.7 billion during the same period last year. Earnings per share for the second quarter came out to $1.26, higher than analysts' expectations of $1.03. However, investors reacted negatively to other results, leading Amazon shares to fall more than 6% after the closing bell.
Amazon on Thursday reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season. The Seattle-based e-commerce company said it earned $170 billion in revenue and $10.6 billion in profits during the last three months of 2023, beating expectations from analysts ...
The beat was driven by a 16% jump in Amazon Web Services (AWS) revenue, which Amazon said is on course to generate $100 billion annually. The company reported adjusted earnings per share of $0.98 ...
The earnings rundown. Here are the key numbers that Amazon reported, as compared to analysts' estimates compiled by Bloomberg: Net sales: $143.08 billion actual, versus $141.56 billion expected ...
Amazon websites are country-specific (for example, amazon.com for the US and amazon.co.uk for UK) though some offer international shipping. [48] Visits to amazon.com grew from 615 million annual visitors in 2008, [49] to more than 2 billion per month in 2022. [citation needed] The e-commerce platform is the 14th most visited website in the ...
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