Ecommerce giant Amazon.com Inc (NASDAQ:AMZN) reported fourth-quarter financial results Thursday after market close.
Here are the key highlights.
Amazon Q4 Earnings
Amazon reported fourth-quarter net sales of $213.39 billion, up 14% year-over-year. The revenue total beat a Street consensus estimate of $211.30 billion, according to Benzinga Pro.
Sales were broken down as follows:
- North America: $127.1 billion, +10% year-over-year
- International: $50.7 billion, +17% year-over-year
- AWS: $35.6 billion, +24% year-over-year
The company reported fourth-quarter earnings per share of $1.95, missing a Street consensus estimate of $1.97.
Operating income for the company was $25.0 billion, which was broken down by segment, with last year’s fourth quarter total in parentheses:
- North America: $11.5 billion ($9.3 billion)
- International: $1.0 billion ($1.3 billion)
- AWS: $12.5 billion ($10.6 billion)
“AWS growing 24% (our fastest growth in 13 quarters), Advertising growing 22%, Stores growing briskly across North America and International, our chips business growing triple digit percentages year-over-year – this growth is happening because we’re continuing …