Amazon's Q4 Earnings Impress: Key Financial Highlights
Strong Revenue and Earnings Growth
Amazon (AMZN) recently released its financial results for the fourth quarter of 2021, showcasing impressive revenue and earnings growth. The company's net sales increased by 14% year-over-year to $170.0 billion, exceeding analysts' expectations.
Earnings per Share Beats Estimates
Amazon's earnings per share (EPS) also surpassed forecasts, reaching $17.75. This marked a significant increase from the prior year's EPS of $15.96.
Q4 Revenue Breakdown
The Q4 revenue growth was driven by all business segments, with net sales rising to $132 billion, up from $27 billion in the same period last year.
Noteworthy Revenue Increases
- Amazon Web Services (AWS): 40% increase to $18.2 billion
- Online Stores: 11% increase to $64.9 billion
Market Reaction and Future Outlook
The strong financial results were positively received by the market, pushing Amazon's stock price higher. Analysts speculate that the robust growth in AWS and other segments bodes well for the company's future prospects.
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