Amazon doubled its net income in the second quarter of 2024 to $13.5 billion, which it attributed largely to growth in its cloud-based Amazon Web Services (AWS).

Net income rose 244% to $9.9 billion, or $0.94 per diluted share, compared to $2.9 billion in the third quarter of 2022, or $0.28 per diluted share. Zacks consensus estimates were for Amazon to ...

In the third quarter, net income increased from $9.9 billion in 2023 to $15.3 billion in 2024. It shouldn't be viewed on its own, but as a piece of the whole picture.

Shares of Amazon.com (AMZN) rose in after-hours trading after the retail and technology giant’s reported quarterly revenue and net income ahead of Wall Street's expectations. Amazon stock was ...

Three months after outperforming Q1 earnings expectations with a record $3.6 billion net income, Amazon saw net income drop to $2.6 billion, putting an end to a record profit streak of four straight ...