Company Report

Amazon’s Operating income increases to $6.9 billion in Q4 2020 as compared to Q4 2019

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.

Source: https://ir.aboutamazon.com

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