Amazon stock rises after beating Q3 estimates with $143.1B in revenue, $9.9B in profits

BREAKING NEWS

Amazon shares were up more than 5% in after-hours trading Thursday after the Seattle tech giant beat expectations for its third quarter, reporting $143.1 billion in revenue and $9.9 billion in profits.

Amazon’s cost-cutting moves over the past year, including thousands of layoffs and optimization of its fulfillment network, appear to be helping improve the company’s bottom line.

READ THE STORY
Follow @geekwire for updates. Send us a news tip. Share our newsletter.
Forward to Friend Forward to Friend
Share Share
Tweet Tweet
Share Share
Copyright © 2023 GeekWire LLC, All rights reserved.
You are receiving this email because you opted to receive emails from GeekWire.

Our mailing address is:
GeekWire LLC
123 NW 36th St
Suite 203
Seattle, Washington 98107

Add us to your address book


unsubscribe from this list    update subscription preferences 

Older messages

Look no further for in-city luxury

Thursday, October 26, 2023

Elegant city-view suite in the Four Seasons Private Residences in Seattle GeekWire is pleased to present this special sponsored message to our Pacific NW readers. Elegant city-view suite in the Four

Amazon tests humanoid warehouse robots | Convoy hit with class action lawsuit

Thursday, October 26, 2023

How an AI startup journey took a different turn | Tech Moves ADVERTISEMENT GeekWire SPONSOR MESSAGE: Explore our immersive expo: Meet and learn from hundreds of AWS Partners all in one place.

GeekWire Mid-Week Update

Wednesday, October 25, 2023

Read the top tech stories so far this week from GeekWire Top stories so far this week Convoy CEO makes first public comments on company's shutdown Convoy CEO Dan Lewis said his company got to the “

Reality check on fusion fever | Zulily layoffs | Convoy CEO ‘heads down’ working on deal

Wednesday, October 25, 2023

Microsoft headcount plummets | Amazon earnings preview ADVERTISEMENT GeekWire SPONSOR MESSAGE: Explore our immersive expo: Meet and learn from hundreds of AWS Partners all in one place. TODAY'S TOP

Microsoft results top expectations as tech giant looks to AI to fuel growth

Tuesday, October 24, 2023

Breaking News from GeekWire GeekWire.com | View in browser BREAKING NEWS Microsoft topped expectations with revenue of $56.5 billion, an increase of 13% year-over-year, and earnings of $2.99 per share,

You Might Also Like

A huge win + huge discount

Saturday, November 16, 2024

We just scored a big win — and to keep the victories coming, we need your help. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Top Democrats just voted to let Trump unilaterally silence the resistance

Saturday, November 16, 2024

If this bill is signed into law, The Intercept and every nonprofit organization in America that dares to stand up to Trump will be in existential danger. A bipartisan majority in the House of

How Amazon is adapting to the TikTok generation

Saturday, November 16, 2024

What Elon Musk said privately about Microsoft's first offer to OpenAI ADVERTISEMENT GeekWire SPONSOR MESSAGE: Get your ticket for AWS re:Invent, happening Dec. 2–6 in Las Vegas: Register now for

Bitcoin Blazes Past $90,000 On Trump Euphoria | Meme Coin Mania

Saturday, November 16, 2024

The record-breaking surge signals the market's optimism about Trump's crypto promises. ADVERTISEMENT Forbes START INVESTING • Newsletters • MyForbes Nina Bambysheva Staff Writer, Forbes Money

Guest Newsletter: Five Books

Saturday, November 16, 2024

Five Books features in-depth author interviews recommending five books on a theme Guest Newsletter: Five Books By Sylvia Bishop • 16 Nov 2024 View in browser View in browser The Browser is launching

Collection of old skulls illustrates American diversity

Saturday, November 16, 2024

+ evidence that Earth was frozen 700M years ago ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

My Hunt for Relaxed-Fit Men’s Pants That Don't Make Me Look Like a Toddler

Saturday, November 16, 2024

Plus: What Maddy DeVita (aka Hand Me the Fork) can't live without. The Strategist Every product is independently selected by editors. If you buy something through our links, New York may earn an

YOU LOVE TO SEE IT: Fighting The Lunchroom Bully

Saturday, November 16, 2024

The Feds crack down on school lunch fees, ghost networks get summoned, a big mine gets slapped with a big fine, and America gets its ethics chief. YOU LOVE TO SEE IT: Fighting The Lunchroom Bully By

The Insanity Begins

Saturday, November 16, 2024

November 16, 2024 The Weekend Reader Required Reading for Political Compulsives 1. The Resistance Is Dead. Long Live the Resistance? The women who set out to bury Donald Trump are doing things

The best winter boots

Saturday, November 16, 2024

One of our favorites is on sale View in browser Ad The Recommendation Ad Winter boots we love A selection of our picks for the best winter boots, lined up side-by-side. Rozette Rago/NYT Wirecutter Cold