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Amazon EPS Jumps 86%, Beats Forecasts


Amazon (NASDAQ:AMZN), the global e-commerce giant, has announced its results for the fourth quarter of 2024 on February 6, 2025.

The earnings reveal standout financial achievements, with revenue rising to $187.8 billion, exceeding the $187.3 billion expectation. This growth is primarily credited to Amazon Web Services (AWS) and significant international sales improvements. Diluted earnings per share leaped to $1.86, well above the $1.49 projection.

Overall, the quarter showcases Amazon's robust financial momentum, notwithstanding impending capital expenditure challenges.

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Source Fool.com

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