Categories AlphaGraphs, Retail, Technology

AMZN Earnings: All you need to know about Amazon’s Q1 2022 earnings results

Amazon.com, Inc. (NASDAQ: AMZN) reported first quarter 2022 earnings results today.

Net sales increased 7% year-over-year to $116.4 billion.

Net loss was $3.8 billion, or $7.56 per share, compared to net income of $8.1 billion, or $15.79 per share, in the year-ago period.

While the top line matched estimates, the bottom line missed expectations, sending the stock crashing 9% during after-hours on Thursday.  

For the second quarter of 2022, net sales are expected to grow 3-7% YoY to $116-121 billion.

Prior performance

Amazon reports Q4 2021 earnings results

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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