Amazon (AMZN) 2024 Q3 Earnings Digest

from Earnings Report Digest · host ValueVerge

Amazon.com, Inc. released its third-quarter 2024 earnings report, announcing a net sales increase of 11% to $158.9 billion. The report highlights strong growth across segments, including North America, International, and AWS. Amazon also showcased various initiatives, such as the launch of new generative AI-powered features, expansion of Prime benefits, and investments in delivery infrastructure. The company provided guidance for the fourth quarter of 2024, projecting net sales growth between 7% and 11% and operating income between $16.0 billion and $20.0 billion.

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This episode was published on November 1, 2024.

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