Amazon (AMZN) Tops Q1 EPS by 14c, Guidance Misses
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April 30, 2024 4:01 PM EDT
SEATTLE--(BUSINESS WIRE)--
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2024.
Net sales increased 13% to $143.3 billion in the first quarter, compared with $127.4 billion in first quarter 2023. Excluding the $0.2 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 13% compared with first quarter 2023.
North America segment sales increased 12% year-over-year to $86.3 billion.
International segment sales increased 10% year-over-year to $31.9 billion, or increased 11% excluding changes in foreign exchange rates.
AWS segment sales increased 17% year-over-year...
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