Amazon.com Inc. (AMZN) reported its third-quarter earnings, surpassing expectations and showing significant growth compared to the same period last year.
The company’s bottom line came in at $9.88 million, or $0.94 per share, a substantial increase from $2.87 million, or $0.28 per share, in the third quarter of the previous year.
Thomson Reuters compiled figures that indicated analysts had predicted earnings of $0.55 per share, excluding special items.
Amazon.com Inc.’s revenue for the quarter also experienced a notable rise of 12.6%, reaching $143.08 billion compared to $127.10 billion in the previous year.
Here’s a quick overview of Amazon.com Inc.’s third-quarter earnings (GAAP):
– Earnings: $9.88 million vs. $2.87 million last year.
– EPS: $0.94 vs. $0.28 last year.
– Analyst Estimate: $0.55.
– Revenue: $143.08 billion vs. $127.10 billion last year.
Looking ahead, Amazon.com Inc. provided guidance for the next quarter, projecting revenue between $160 billion and $167 billion.