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For the fiscal year 2021, Amazon reported earnings of US$33.36 billion, with an annual revenue of US$469.82 billion, an increase of 21.7% over the previous fiscal cycle. Since 2007 sales increased from 14.835 billion to 469.822 billion, due to continued business expansion. [citation needed]
The company’s stock is down 32% year to date, mainly due to the series of disappointing quarterly earnings. In late April, Amazon toppled in the first quarter , reporting a loss of $3.84 billion.
In the company’s latest earnings release, Amazon reported that it has made more profit in the past 12 months than it has in the previous three years. From April 2020 to March 31st 2021, Amazon ...
Analysts had expected the company to post revenues of $111.6 billion, and per-share earnings of $8.92. The company’s net income dipped by some 49% on a year-over-year basis. Shares of Amazon are ...
Amazon (AMZN) delivered earnings and revenue surprises of 23.73% and -1.74%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
The company reported $116.4 billion in sales for the first quarter of 2021, an increase of just 7 percent from last year. That stands in stark contrast to the 44 percent jump it saw this time last ...
Amazon (AMZN) reported fourth quarter results on Thursday and announced a fee hike for its Prime membership. The stock is soaring in after-hours. Amazon stock soars 15% after earnings, will hike ...
Amazon reported third-quarter sales and earnings results that missed Wall Street's estimates, reflecting a growth deceleration after the pandemic stoked a surge in online shopping last year and ...