Reported 1 day ago
Amazon reported a strong fourth quarter with revenues of $187.8 billion and earnings per share of $1.86, surpassing analyst expectations. However, the company forecasts slower growth for the first quarter of 2025, projecting net sales between $151 billion and $155.5 billion due to anticipated foreign exchange impacts. Despite this, Amazon's online shopping revenue increased to $75.5 billion, driven by heightened customer demand and improved delivery services.
Source: YAHOO