Categories AlphaGraphs, Earnings, Retail, Technology

AMZN Earnings: All you need to know about Amazon’s Q2 2022 earnings results

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

Net sales increased 7% year-over-year to $121.2 billion.  

The company reported a net loss of $2 billion, or $0.20 per share, compared to a net income of $7.8 billion, or $0.76 per share, in the prior-year period. This quarter’s results include a pre-tax valuation loss of $3.9 billion associated with the company’s investment in Rivian Automotive.

For the third quarter of 2022, net sales are expected to range between $125-130 billion, representing a year-over-year growth of 13-17%.

The top line beat market estimates sending the stock soaring over 12% in after-market hours on Thursday.

Prior performance

Amazon Q1 2022 Earnings Infographic

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

Most Popular

Salesforce stock hit by weak guidance, co-CEO’s exit. What next?

For technology stocks, 2022 has been a challenging year, with companies losing significant market value amid prolonged stock selloff. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected

Macy’s (M): Here’s a look at the retailer’s expectations for the near term

Shares of Macy’s Inc. (NYSE: M) were down on Thursday. The stock has gained 36% over the past three months and 18% over the past one month. The company’s sales

KR Earnings: Kroger Q3 sales, profit increase and top expectations

Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top