Amazon.com Inc. (NASDAQ: AMZN) reported fourth quarter 2023 earnings results today.
Net sales increased 14% year-over-year to $170 billion.
Net income increased to $10.6 billion, or $1.00 per share, compared to $278 million, or $0.03 per share, last year.
Revenue and earnings exceeded expectations, sending the stock rising over 5% in aftermarket hours on Thursday.
For the first quarter of 2024, net sales are expected to be $138.0-143.5 billion.