Amazon (NASDAQ: AMZN)
Earnings Per Share: US$6.12/share vs. US$8.92/share expected.
Revenue: increased 15% to US$110.81bn but fell short of analysts expected US$111.6bn.
Sales in online stores rose 3% from the same period a year earlier to US$49.9bn, while in-store revenue increased 13% to US$4.27bn.
Net product sales: US$54.9bn, up from US$52.77bn for the same period a year earlier.
Revenue from Amazon Web services, advertising, third-party seller services and Prime subscriptions totalled US$55.9bn.
Operating income: US$880m, down from US$2.25bn for the same period a year earlier.
Net income: US$3.16bn, down from US$6.3bn for the same period a year earlier.
Operating cash flow decreased 1% to US$54.7bn for the 12-months to September 30, 2021.
Amazon said it has spent heavily to build out its fulfilment network through taking on several billion dollars of extra costs in its consumer business in the fourth quarter as a result of labor shortages, higher employee costs, global supply chain issues and increased freight and shipping costs, which the company is navigating ahead of the peak holiday season.
Amazon shares fell 4% to US$3446.57/share in after-hours trade following the release of the results.