Amazon.Com, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 31, 2020 at 02:31 am IST
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Amazon.Com, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced total revenue was USD 87,437 million compared to USD 72,383 million a year ago. Operating income was USD 3,879 million compared to USD 3,786 million a year ago. Net income was USD 3,268 million compared to USD 3,027 million a year ago. Basic earnings per share was USD 6.58 compared to USD 6.18 a year ago. Diluted earnings per share was USD 6.47 compared to USD 6.04 a year ago. For the full year, total revenue was USD 280,522 million compared to USD 232,887 million a year ago. Operating income was USD 14,541 million compared to USD 12,421 million a year ago. Net income was USD 11,588 million compared to USD 10,073 million a year ago. Basic earnings per share was USD 23.46 compared to USD 20.68 a year ago. Diluted earnings per share was USD 23.01 compared to USD 20.14 a year ago.
Amazon.com, Inc. is one of the world leaders in on-line distribution of products to the general public. The group also operates a marketplace activity, allowing individuals and distribution companies to conduct their purchase and selling transactions for goods and services. The activity is organized around three families of products and services:
- electronic and computer products: toys, cameras, computers, laptops and peripherals, TVs, stereo systems, readers, wireless communication products, etc. Amazon.com also offers kitchen and garden equipment, clothing, beauty products, etc.;
- cultural products: books, musical products, video games and DVDs;
- other: primarily Internet interface and application development services.
Net sales break down by source of income between sales of services (55.5%) and sales of products (44.5%).
Net sales are distributed geographically as follows: the United States (68.8%), Germany (6.5%), the United Kingdom (5.9%), Japan (4.5%), and other (14.3%).