Amazon (AMZN) Fourth Quarter Earnings

AMZN Amazon

Amazon (AMZN) reported fourth-quarter earnings. Here are the key figures:

Non-GAAP EPS of $0.03 well below the estimates of $0.15. Same quarter a year ago the EPS were at $1.39

Revenue came at $149.20 billion above the expectations of $145.42 billion. Same quarter a year ago the revenues were at $137.41 billion.

Sub Services Net Sales $9.19B (est $9.01B)

Operating Income $2.7B above the expectations of 2.51B

Online Stores Net Sales $64.53 below the expectations of $65.03B.

AWS Sales $21.38B below the expectations of 21.76B.

Amazon 2022 Financial Results

For the full year 2022, the Net sales increased 9% to $514.0 billion in 2022, compared with $469.8 billion in 2021.

Operating income decreased to $12.2 billion in 2022, compared with $24.9 billion in 2021.

Net loss was $2.7 billion in 2022, or $0.27 per diluted share, compared with net income of $33.4 billion, or $3.24 per diluted share, in 2021.

Operating cash flow increased 1% to $46.8 billion.

Free cash flow decreased to an outflow of $11.6 billion.

AMZN Guidance

AMZN now sees 1Q Net Sales of $121.0B to $126.0B, the expectations were for $125.55B.

Operating income is expected to be between $0 and $4.0 billion, compared with $3.7 billion in the first quarter of 2022.

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