Home Entertainment News Amazon earns 55% more in the third quarter: 14.141 million

Amazon earns 55% more in the third quarter: 14.141 million

17
0
Amazon earns 55% more in the third quarter: 14.141 million

The e-commerce giant Amazon achieved a net profit of 15,328 million dollars (14,141 million euros) in the third quarter of the year, which represents an improvement of 55.1% compared to the result recorded by the multinational between July and September of last year, as the company announced. a remark.

THE turnover of Amazon during the quarter reached 158.877 million dollars (146.570 million euros), 11% more than in the same period of 2023, with a growth of 7% in product sales, up to 67.601 million dollars (62.365 million euros), and 14.2% of the marketing of services, to the tune of 91.276 million dollars (84.206 million euros).

Amazon’s revenues in North America reached a total of $95.5 billion (88.103 million euros) in the third quarter, up 9%, while internationally the company achieved a turnover of 35.9 billion dollars (33.119 million euros), or 12% more. For its part, AWS achieved a turnover of 27.5 billion dollars (25.37 billion euros), or 19% more.

Thus, during the first nine months of the year, Amazon obtained a net profit of 39.244 million dollars (36.204 million euros), 98.2% above the result recorded a year earlier, while Company revenues totaled $450.167 million (€415.297 million), 11.2% higher.

Product sales through September brought Amazon a total of $190.085 million (€175.361 million), 6% more than a year earlier, while the company earned $260.082 million ( 239.936 million euros) thanks to services, or 15.3% more.

“As we approach the holiday season, we are excited about what we have in store for customers,” he said. Andy JassyChairman and CEO of Amazon.

In this sense, facing the last quarter of the year, the multinational expects its net turnover to be between 181,500 and 188,500 million dollars (167,441 and 173,900 million euros) or growing between 7% and 11% compared to the fourth quarter of 2023, assuming an adverse impact of approximately 10 basis points from exchange rates.

Likewise, Amazon expects operating income of between 16 billion and 20 billion dollars (14,760 and 18,450 million euros), compared to 13,200 million dollars (12,177 million euros) in the fourth quarter of 2023 .

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here