Amazon's Smashing Q1 Financials Show The Power Of A Good And Well Executed Strategy [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Company Research
Source: Yahoo! Finance
better-than-expected quarterly results, with stronger than expected revenue being the result of the improvements on the ad business front. First Quarter Highlights In part due to its booming AWS division and its advertising service, Amazon reported revenue grew 12.52% YoY to $143.3 billion, surpassing LSEG's estimate of $142.5 billion. Operating income far outpaced revenue growth as well as it soared more than 200% to $15.3 billion, which is the first sign that Amazon's cost-cutting initiatives and efficiency improvements are benefiting the bottom line as net income skyrocketed 229% YoY to $10.43 billion, with diluted EPS amounting to 98 cents a share, surpassing LSEG's estimate of 83 cents. Amazon's businesses are thriving, beginning with party seller services that cover commissions that Amazon collects, along with fulfillment, shipping fees and other charges, grew 16% YoY to $34.5 billion. AWS continues to grow and challenge Google and Microsoft, both the cloud and AI front.
Show less
Read more
Impact Snapshot
Event Time:
AMZN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AMZN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AMZN alerts
High impacting Amazon.com, Inc. news events
Weekly update
A roundup of the hottest topics
AMZN
News
- Jeff Bezos revealed his secret to Amazon's success 25 years ago: ‘I asked everyone around here to wake up terrified every morning, their sheets drenched in sweat' [Fortune]Fortune
- Amazon Workers Say They Struggle to Afford Food, Rent [Yahoo! Finance Canada]Yahoo! Finance Canada
- Half of Amazon warehouse workers struggle to pay for food, housing, report says [Yahoo! Finance]Yahoo! Finance
- Half of Amazon warehouse workers struggle to cover food, housing costs, report finds [CBS News]CBS News
- 4 things to watch in Walmart's Q1 earnings [Yahoo! Finance Canada]Yahoo! Finance Canada
AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/15/24 - Form 144
- 5/15/24 - Form 144
- 5/14/24 - Form 8-K
- AMZN's page on the SEC website