Amazon reports $87.4 billion in Q4 2019 revenue

AWS up 34%, subscriptions up 32%, and ‘other’ up 41%

Amazon today reported earnings for its fourth fiscal quarter of 2019, including revenue of $87.4 billion, net income of $3.3 billion, and earnings per share of $6.47 (compared to revenue of $72.4 billion, net income of $3.0 billion, and earnings per share of $6.04 in Q4 2018). North American sales were up 22% to $53.6 billion, while international sales grew 14% to $23.8 billion.

Analysts had expected Amazon to earn $86.01 billion in revenue and report earnings per share of $4.04. The retail giant thus easily beat on revenue and on earnings per share. The company’s stock was flat in regular trading, and up 11% in after-hours trading. Amazon gave first quarter revenue guidance in the range of $69.0 billion and $73.0 billion, compared to a consensus of $71.61 billion from analysts.

https://venturebeat.com/

Comments are closed.