Amzn Earnings

Amazon Reports Strong Q4 Earnings

Revenue and Earnings Per Share Surpass Expectations

Financial Results for Q4 2022 and Q3 2022 Announced

[City, Date] - Amazon.com, Inc. (AMZN) today announced its financial results for the fourth quarter ended December 31, 2022. The company reported strong growth in net sales and earnings per share (EPS), exceeding analysts' expectations.

Net sales for the quarter increased by 15% to $127.1 billion, driven by strong performance in Amazon's core e-commerce business and continued growth in its cloud computing platform, Amazon Web Services (AWS).

Diluted EPS for the quarter came in at $3.32, representing a 22% increase year-over-year. This beat analysts' consensus estimate of $3.15.

Amazon also reported its financial results for the third quarter ended September 30, 2022. Net sales for the quarter increased by 15% to $127.1 billion, while diluted EPS was $3.19, a 17% increase year-over-year.

These strong financial results reflect Amazon's ability to continue growing its business even during challenging economic conditions. The company's diverse product and service offerings, combined with its continued investment in technology and innovation, have positioned it for continued success in the future.