Categories AlphaGraphs, Earnings, Retail
AMZN Earnings: Amazon Q1 profit jumps on higher sales; results beat
E-commerce giant Amazon.com Inc. (NASDAQ: AMZN) Tuesday reported a sharp increase in net sales and earnings for the first quarter of 2024.
Net sales increased to $143.3 billion in the first quarter from $127.4 billion in the prior-year period and came in above Wall Street’s forecast. For the second quarter, the company expects sales to be in the range of $144 billion to $149 billion.
Driven by the strong top-line growth, net income climbed to $10.43 billion or $0.98 per share in the March quarter from $3.17 billion or $0.31 per share a year earlier. Earnings also exceeded analysts’ estimates.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
