Categories AlphaGraphs, Earnings, Retail, Technology

AMZN Earnings: Key quarterly highlights from Amazon’s Q2 2023 financial results

Amazon.com, Inc. (NASDAQ: AMZN) reported second quarter 2023 earnings results today.

Net sales increased 11% year-over-year to $134.4 billion.  

Net income was $6.7 billion, or $0.65 per share, compared to a net loss of $2 billion, or $0.20 per share, in the year-ago quarter.

Both revenue and earnings beat expectations.

For the third quarter of 2023, the company expects net sales to be $138-143 billion, or to grow 9-13% year-over-year.

The stock rose 6% in aftermarket hours on Thursday following the earnings report.

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