Categories AlphaGraphs, Earnings, Retail, Technology

AMZN Earnings: All you need to know about Amazon’s Q3 2021 earnings results

Amazon.com Inc. (NASDAQ: AMZN) reported third quarter 2021 earnings results today.

Net sales increased 15% year-over-year to $110.8 billion.

Net income decreased to $3.2 billion, or $6.12 per share, compared to $6.3 billion, or $12.37 per share, in the year-ago quarter.

For the fourth quarter of 2021, net sales are expected to grow 4-12% YoY to a range of $130-140 billion.

Both revenue and earnings missed expectations and the guidance also failed to impress the Street sending the stock down over 4% during after-market hours.

Prior performance

Amazon reports second quarter 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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