Categories AlphaGraphs, Earnings, Retail, Technology
Amazon (AMZN) reports Q4 2020 earnings results; announces CEO transition
Amazon.com, Inc. (NASDAQ: AMZN) reported fourth quarter 2020 earnings results today.
Net sales increased 44% year-over-year to $125.6 billion.
Net income rose to $7.2 billion, or $14.09 per share, from $3.3 billion, or $6.47 per share, in the same period a year ago.
Both the top and bottom line numbers beat market expectations.
For the first quarter of 2021, the company expects net sales to grow 33-40% YoY to a range of $100-106 billion.
Amazon announced that founder and CEO Jeff Bezos will move to the role of Executive Chair in the third quarter of 2021 at which time Andy Jassy will take over as CEO.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
