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

AbbVie Q1 2025 adjusted earnings increase on 8% revenue growth; beat estimates

Biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) announced first-quarter 2025 financial results, reporting an increase in revenue and adjusted earnings. The company reported worldwide net revenues of $13.3 billion for the

Colgate-Palmolive (CL) Q1 2025 Earnings: Key financials and quarterly highlights

Colgate-Palmolive Company (NYSE: CL) reported its first quarter 2025 earnings results today. Net sales decreased 3.1% year-over-year to $4.9 billion. Organic sales growth was 1.4%. Net income attributable to Colgate-Palmolive Company rose

Meta Platforms (META) set to report Q1 earnings. Here’s what to expect

After integrating artificial intelligence into its products, Meta Platforms, Inc. (NASDAQ: META) is investing heavily in the metaverse project. Yet, the tech giant has maintained healthy cash flows and consistently

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