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The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared with the same period in 2023.
Amazon stock falls more than 3% ahead of 3rd-quarter earnings report Markets Insider Amazon fell as much as 3.9% on Thursday and was trading 3.5% lower as of 3:25 p.m. in New York.
The company's cloud unit, Amazon Web Services, reported a 19% rise in revenue to $28.79 billion, falling short of estimates of $28.87 billion, according to data compiled by LSEG.
For Q1, Amazon provided guidance for revenue of between $151.0 billion and $155.5 billion (up 5% to 9% compared with Q1 2024) — which “anticipates an unusually large, unfavorable impact” of ...
The income statement can be prepared in one of two methods. [4] The Single Step income statement totals revenues and subtracts expenses to find the bottom line. The Multi-Step income statement takes several steps to find the bottom line: starting with the gross profit, then calculating operating expenses. Then when deducted from the gross ...
Amazon on Thursday reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season. In a statement, Amazon CEO Andy ...
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company's stock up in after-hours trading. Amazon said it earned $15.3 billion, higher than ...
Amazon on Thursday reported strong revenue and profits from the summer months driven by growth in online sales and its advertising business. In a prepared statement, Amazon CEO Andy Jassy said the ...