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Amazon Shares Rise After-Hours as Earnings, Revenue Beat
Andon Health (002432.SZ): The iHealth test kit has consistently ranked first in sales among similar products on Amazon.
Gelonghui November 1st | Andon Health (002432.SZ) stated at the investor relations event that the company is actively laying out online and offline sales channels, and the sales of reagent kits are performing well. The iHealth reagent kit continues to rank first in sales among similar products on amazon, with much higher reviews compared to similar products. The three-link test varieties also maintain the first position in the same variety.
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Amazon executives interpret Q3 financial report: expected capital expenditure of $75 billion this year, with further increases next year.
Amazon released the financial report for the third quarter of the 2024 fiscal year: net sales were $158.877 billion, an 11% year-on-year increase. Excluding the impact of exchange rate changes, the increase was also 11% year-on-year; net income was $15.328 billion, a 55% year-on-year growth; diluted earnings per share were $1.43, compared to $0.94 in the same period last year. After the financial report was released, Amazon CEO Andy Jassy, CFO Brian Olsavsky, and Investor Relations Director Dave Fildes.
Amazon.com, Inc. (AMZN) Q3 2024 Earnings Call Transcript Summary
Ignite confidence in AI! Amazon's Q3 net profit increased by 55% year-on-year, with AWS cloud computing growth accelerating.
①The financial report shows that amazon's third-quarter revenue and earnings per share both exceeded Wall Street expectations, causing the company's stock price to soar nearly 6% in after-hours trading. ②Compared to Meta, amazon's investment returns in the field of AI seem to be more clear: in the third quarter of this year, amazon's AWS cloud computing business unit's revenue increased by 19% year-on-year, higher than the 12% growth rate in the same period last year.
Pivotal Research Maintains Amazon(AMZN.US) With Buy Rating, Maintains Target Price $260
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