Advertisement
Online & Digital

Amazon Q3 beats expectations as net income hits $15bn

Looking ahead, Amazon expects fourth quarter net sales of between $181.5bn (£140.7bn) and $188.5bn (£146.1bn)

Amazon has revealed it has beaten its Q3 expectations as its revenues surged 11% to $158.9bn (£123.3bn), beating analyst predictions of $157.2bn (£121.9bn), while its net income hit $15.3bn (£11.9bn), up from $9.9bn (£7.7bn) last year.

Check out our free weekly podcast

Back to top button