Amazon (AMZN) Tops Q1 EPS by 10c, Offers Guidance
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April 27, 2023 4:01 PM EDT
SEATTLE--(BUSINESS WIRE)--
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2023.
Net sales increased 9% to $127.4 billion in the first quarter, compared with $116.4 billion in first quarter 2022. Excluding the $2.4 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 11% compared with first quarter 2022.
North America segment sales increased 11% year-over-year to $76.9 billion.
International segment sales increased 1% year-over-year to $29.1 billion, or increased 9% excluding changes in foreign exchange rates.
AWS segment sales increased 16% year-over-year...
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