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
Key highlights from Abbott Laboratories (ABT) Q1 2024 earnings results
Abbott Laboratories (NYSE: ABT) reported its first quarter 2024 earnings results today. Total sales increased 2.2% year-over-year to $10 billion. Organic sales growth was 10.8%. Net earnings decreased 7% to $1.22
US Bancorp (USB) Q1 2024 Earnings: Key financials and quarterly highlights
US Bancorp (NYSE: USB) reported its first quarter 2024 earnings results today. Total net revenue decreased 6.4% year-over-year to $6.7 billion. Net income applicable to US Bancorp common shareholders decreased
UAL Earnings: United Airlines Q1 loss narrows on higher revenues; results beat
United Airlines Holdings, Inc. (NYSE: UAL) reported a narrower net loss for the first quarter of 2024, on an adjusted basis. The bottom line benefitted from an increase in revenues.
