Earnings

Amazon (AMZN) earnings Q3 2022

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Andy Jassy, CEO of Amazon and then CEO of web services at Amazon.com Inc., speaks during the Amazon Web Services (AWS) Summit in San Francisco, California, U.S., on Wednesday, April 19, 2017.

David Paul Morris | Bloomberg | Getty Images

Shares of Amazon plunged as much as 16% in extended trading on Thursday after the company posted weaker-than-expected earnings and revenue for the third quarter and gave a disappointing fourth-quarter sales forecast.

  • Earnings: 28 cents per share
  • Revenue: $127.10 billion vs. $127.46 billion, according to Refinitiv estimates

Here’s how the other key Amazon segments did during the quarter:

  • Amazon Web Services: $20.5 billion vs. $21.1 billion expected, according to…



Source cnbc.com

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