Amazon Announces Financial Results for Q4 2023
Strong Revenue Growth and Profitability
AMZN today announced financial results for its fourth quarter ended December 31, 2023. The company reported revenue of $X billion, a XX% increase year-over-year. Net income was $X billion, a XX% increase compared to the same period last year.
Key Highlights
Some of the key highlights from the quarter include:
- Revenue growth was driven by strong performance in all business segments, including retail, cloud computing, and advertising.
- Net income growth was driven by increased profitability in the retail and cloud computing segments.
- Free cash flow was $X billion, an increase of XX% year-over-year.
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