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Decrease in Income at the Internet, Mail Order & Online Shops company in the most recent fiscal period

Amazon Com Inc recorded third quarter of 2022 operating profit of $2525 millions

Published 2022-10-29T16:59:39+00:00
Goran Soko / CSIMarket.com Contributer

fulfillment_center_By_lizzielaroo__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common Amazon Com Inc dealt with reduction in eps, in spite of Revenue elevation in the financial third quarter of 2022, bottom-line decreased by -8.5 % to $0.28 per share, while Revenue increased substantially by 14.7 % to $127.10 billions, from the similar reporting period a year before.

From the preceding reporting period, earnings per share turned positive from $-0.20 per share and Revenues surged by 4.839 % from $121.23 billions.

The clients searching integrity and value continue to be enticed to the entities particular initiative.
Net profits of $2,872.000 millions in the most recent fiscal period fell by -9 % from $3,156.000 millions in the corresponding period a year before. Amazon Com Inc shifted it's focus on improving sales in the most recent fiscal period, as a result net margin eased to 2.26%.
Operating earnings, fell -47.96% to $2525 millions, squeezing Amazon Com Inc 's operating margin to %.

Amazon Com Inc is expected to report next financial earnings on February 02, 2023.


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Other AMZN's Earnings Reports

Amazon Com Inc reported second quarter 2022 earnings

Amazon Com Inc reported first quarter 2021 earnings

Amazon Com Inc reported fourth quarter 2021 earnings

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