Amazon posts impressive Q4 earnings, boasts of success with Alexa and Prime offerings
Автор: Tech Feed
Загружено: 2018-02-02
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Amazon posts impressive Q4 earnings, boasts of success with Alexa and Prime offerings,
Amazon in the fourth quarter generated a net sales increase of 38 percent – from $43.7 billion in Q4 2016 to $60.5 billion in the most recent quarter. Net income, meanwhile, was $1.9 billion for the fourth quarter, or $3.75 per diluted share, compared with a net income of just $749 million, or $1.54 per diluted share, in the same period a year earlier.
Q4 2017 also included a provisional tax benefit for the impact of the U.S. Tax Cuts and Jobs Act of 2017 of roughly $789 million.
For the full year 2017, Amazon reports that net sales increased 31 percent to $177.9 billion, up from the $136.0 billion generated in 2016. Excluding the $210 million favorable impact from year-over-year changes in foreign exchange rates throughout the year, net sales increased 31 percent compared with 2016.
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