Amazon Finished 2018 Strong with 20 Percent Growth in Q4 Sales
And 31 percent growth in net sales for the full year.
Amazon finished 2018 strong, reporting net sales of $72.4 billion for the fourth quarter, compared to $60.5 billion in the fourth quarter of 2017, representing a 20 percent increase. For the full year, net sales increased 31 percent to $232.9 billion, compared to $177.9 billion in 2017. Net income for the fourth quarter was $3.0 billion, or $6.04 per diluted share, compared to $1.9 billion, or $3.75 per diluted share in the fourth quarter of 2018. Net income for the year was $10.1 billion, or $20.14 per diluted share, compared to $3.0 billion, or $6.15 per diluted share, in 2017.
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