Amazon (AMZN) Tops Q4 EPS by $6.86, Offers Q1 Guidance, Bezos will transition to the role of Executive Chair

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Go back to Amazon (AMZN) Tops Q4 EPS by $6.86, Offers Q1 Guidance, Bezos will transition to the role of Executive Chair

Amazon.com Announces Financial Results and CEO Transition

February 2, 2021 4:03 PM EST

Founder and CEO Jeff Bezos will transition to role of Executive Chair in Q3, Andy Jassy to become Chief Executive Officer of Amazon at that time

SEATTLE--(BUSINESS WIRE)-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2020.

Operating cash flow increased 72% to $66.1 billion for the trailing twelve months, compared with $38.5 billion for the trailing twelve months ended December 31, 2019. Free cash flow increased to $31.0 billion for the trailing twelve months, compared with $25.8 billion for the trailing twelve... More