Amazon.com, Inc. (NASDAQ: AMZN) reported third quarter 2023 earnings results today.
Net sales increased 13% year-over-year to $143.1 billion.
Net income increased to $9.9 billion, or $0.94 per share, from $2.9 billion, or $0.28 per share, in the year-ago quarter.
Revenue and earnings beat expectations, sending the stock up over 3% in aftermarket hours on Thursday.
For the fourth quarter of 2023, net sales are expected to be $160-167 billion, representing a YoY growth of 7-12%.