Categories AlphaGraphs, Earnings, Retail, Technology

AMZN Earnings: All you need to know about Amazon’s Q3 2022 earnings results

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

Net sales increased 15% year-over-year to $127.1 billion.

Net income was $2.9 billion, or $0.28 per share, compared to $3.2 billion, or $0.31 per share, last year.

For the fourth quarter of 2022, net sales are expected to range between $140-148 billion, or to grow 2-8% YoY.

While earnings beat estimates, revenues fell short. The guidance was also lower than expected, sending the stock crashing 20% in after-market hours on Thursday.

Prior performance

Amazon Q2 2022 Earnings Infographic

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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