Amazon Reports Almost No Profit and Slowing Growth - The New …

Feb 2, 2023 · Amazon’s cloud business grew 20 percent to $21.4 billion, its slowest growth on record, and the segment’s operating profit fell slightly, to $5.2 billion.

$21
OFF

Amazon Reports Almost No Profit And Slowing Growth - The New …

1 week from now

Feb 2, 2023 · Amazon’s cloud business grew 20 percent to $21.4 billion, its slowest growth on record, and the segment’s operating profit fell slightly, to $5.2 billion.

nytimes.com

$143
OFF

Amazon Revenue Jumps As Consumer And Business Spending …

1 week from now

Oct 26, 2023 · Amazon reported solid quarterly sales on Thursday, showing that corporations and consumers are spending as inflation has eased. The company posted $143.1 billion in …

nytimes.com

$15
OFF

Amazon Reports $15 Billion In Profit - The Seattle Times

1 week from now

Oct 31, 2024 · By. Lauren Rosenblatt. Seattle Times Amazon reporter. Amazon reported $15.3 billion in profits in the third quarter of this year, as it cashed in on a record summer sales event …

seattletimes.com

11%
OFF

Amazon.com Announces Third Quarter Results

1 week from now

Oct 31, 2024 · Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its third quarter ended September 30, 2024. Net sales increased 11% to $158.9 billion in the third …

aboutamazon.com

$15
OFF

Amazon Exceeds Revenue Estimates As It Invests In AI | AP News

1 week from now

Nov 1, 2024 · Amazon said it earned $15.3 billion, higher than the $12.21 billion industry analysts surveyed by FactSet had anticipated. Amazon earned $9.9 billion during the same period last …

apnews.com

$170
OFF

Amazon Reports Better-than-expected Revenue, Profits For The …

1 week from now

Feb 1, 2024 · 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 …

apnews.com

6%
OFF

Amazon Stock Jumps 6%; Q3 Revenue Up 11% To $158.9B; Profits

1 week from now

Oct 31, 2024 · Amazon topped estimates for its third quarter earnings, reporting $158.9 billion in revenue, up 11% year-over-year, and earnings per share of $1.43. Profits jumped to $15.3 …

geekwire.com

$15
OFF

Amazon Reports Record $15.3 Billion Profit - AllSides

1 week from now

Oct 31, 2024 · Amazon Reports Record $15.3 Billion Profit. Business. Posted on AllSides October 31st, 2024. Save for Later . From The Left. ... Stacy Kranitz for The New York Times The tech …

allsides.com

$10
OFF

Amazon Earnings: Company Shares Spike After Topping Revenue …

1 week from now

Feb 1, 2024 · Net income jumped to $10.6 billion, or $1 per share, compared to $300 million one year ago and above average analyst expectations of $0.80 per share. The e-commerce giant …

forbes.com

$143
OFF

Amazon Reports $143.3 Billion In Revenue For First Quarter Of 2024

1 week from now

Apr 30, 2024 · The company had $143.3 billion in revenue in the first three months of the year, up 13 percent from a year earlier. Profit more than tripled, to $10.4 billion. The results beat …

nytimes.com

$13
OFF

Amazon Reports $13.5 Billion Profit In Second ... - The Seattle Times

1 week from now

Aug 1, 2024 · The $13.5 billion profit this quarter, or $1.26 earnings per diluted share, included a $400 million pretax valuation gain from Amazon’s investment in electric vehicle startup Rivian …

seattletimes.com

$15
OFF

Amazon Reports Record $15.3 Billion Profit - NewsBreak

1 week from now

Amazon reported record profits on Thursday, as cloud computing sales picked up steam and its retail business showed resilience. Sales from July through September hit $158.9 billion, up …

newsbreak.com

$1
OFF

Amazon Cautions That When The News Gets Nutty, People Shop Less

1 week from now

Aug 1, 2024 · Last month, it purchased rights to stream National Basketball Association games over 11 years for an annual average of more than $1.8 billion, The New York Times reported. …

nytimes.com

$108
OFF

Amazon’s Profit Soars 220 Percent As Pandemic ... - The New York …

1 week from now

Apr 29, 2021 · Brendan Mcdermid/Reuters. With the pandemic shifting sales online and consumers flush with stimulus checks, Amazon on Thursday reported $108.5 billion in sales in …

nytimes.com

30%
OFF

Amazon.com Announces Fourth Quarter Results

1 week from now

Feb 3, 2022 · Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2021. Operating cash flow decreased 30% to $46.3 billion …

aboutamazon.com

$7
OFF

Amazon’s Quarterly Profit Jumps To $7.8 Billion. - The New York …

1 week from now

Jul 29, 2021 · The company said sales in the three months ending in June hit $113.1 billion, up 27 percent from a year earlier, when lockdowns were at their most extreme. It made $7.8 billion in …

nytimes.com

$7
OFF

Amazon’s Quarterly Profit Jumps To $7.8 Billion. - The New York …

1 week from now

Jul 29, 2021 · Amazon’s quarterly profit jumps to $7.8 billion. By Karen Weise. Amazon on Thursday followed a trend among the country’s biggest tech firms. The company said it made …

nytimes.com

$108
OFF

Amazon’s Profit Tripled In First Quarter - The New York Times

1 week from now

Apr 29, 2021 · Brendan Mcdermid/Reuters. With the pandemic shifting sales online and consumers flush with stimulus checks, Amazon on Thursday reported $108.5 billion in sales in …

nytimes.com

FAQs about Amazon Reports Almost No Profit and Slowing Growth - The New … Coupon?

How did Amazon make a profit?

Like other retailers, Amazon aimed to lure holiday shoppers through fast-shipping and discount events, including a prominent sales event for Prime members held in October. The company said its online retail business earned $70.5 billion in revenue during the quarter, a 9% jump compared to $64.53 billion during the same period in 2022. ...

How much money will Amazon make in the third quarter?

On Thursday, Amazon estimated net sales in the third quarter would be between $154 billion and $158 billion, an increase between 8% and 11% compared to the third quarter of 2023. It expected operating income between $11.5 billion and $15 billion, compared to $11.2 billion a year earlier. ...

How much money did Amazon make in 2023?

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 surveyed by FactSet. ...

Did Amazon's net sales increase 11% compared to third quarter 2023?

Net sales increased 11% compared with the third quarter of 2023, Amazon said. Thursday’s report offers a last look at Amazon’s business before the start of the holiday shopping season, the busiest time of year for the retail industry. ...

Did Amazon Miss revenue estimates last quarter?

The better-than-expected earnings come after Amazon missed revenue estimates last quarter,. Amazon reported its core online retail business pulled in $61.41 billion in revenue this in the third quarter. Those figures include sales from the company’s popular Prime Day shopping event held in July. ...

Did Amazon's profit beat investor expectations?

Amazon’s profit beat investor expectations as its most profitable businesses continued to flourish. Its cloud-computing division is now larger than most companies — Morgan Stanley estimates it is worth $600 billion — and growth continues to be strong. Sales in cloud computing rose 37 percent, to $14.8 billion. ...