Amazon.com, Inc. (NASDAQ: AMZN) announced financial results for its fourth quarter ended December 31, 2020.
Amazon’s Operating income increased to $6.9 billion in the fourth quarter, compared with operating income of $3.9 billion in fourth-quarter 2019.
Operating income increased to $22.9 billion, compared with operating income of $14.5 billion in 2019.
Amazon’s Operating income is expected to be between $3.0 billion and $6.5 billion, compared with $4.0 billion in first-quarter 2020. This guidance assumes approximately $2.0 billion of costs related to COVID-19.
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