Amazon.com Announces Fourth Quarter Results

Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2021.

*Operating cash flow decreased 30% to $46.3 billion for the trailing twelve months, compared with $66.1 billion for the trailing twelve months ended December 31, 2020.
*Free cash flow decreased to an outflow of $9.1 billion for the trailing twelve months, compared with an inflow of $31.0 billion for the trailing twelve months ended December 31, 2020.
*Free cash flow less principal repayments of finance leases and financing obligations decreased to an outflow of $20.4 billion for the trailing twelve months, compared with an inflow of $20.3 billion for the trailing twelve months ended December 31, 2020.
*Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations decreased to an outflow of $14.3 billion for the trailing twelve months, compared with an inflow of $21.4 billion for the trailing twelve months ended December 31, 2020.
*Common shares outstanding plus shares underlying stock-based awards totaled 523 million on December 31, 2021, compared with 518 million one year ago.

Fourth Quarter 2021
*Net sales increased 9% to $137.4 billion in the fourth quarter, compared with $125.6 billion in fourth quarter 2020. Excluding the $1.3 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 10% compared with fourth quarter 2020.
*Operating income decreased to $3.5 billion in the fourth quarter, compared with $6.9 billion in fourth quarter 2020.
*Net income increased to $14.3 billion in the fourth quarter, or $27.75 per diluted share, compared with $7.2 billion, or $14.09 per diluted share, in fourth quarter 2020. Fourth quarter 2021 net income includes a pre-tax valuation gain of $11.8 billion included in non-operating income from our common stock investment in Rivian Automotive, Inc., which completed an initial public offering in November.

Full Year 2021
*Net sales increased 22% to $469.8 billion, compared with $386.1 billion in 2020. Excluding the $3.8 billion favorable impact from year-over-year changes in foreign exchange rates throughout the year, net sales increased 21% compared with 2020.
*Operating income increased to $24.9 billion, compared with operating income of $22.9 billion in 2020.
*Net income increased $33.4 billion, or $64.81 per diluted share, compared with net income of $21.3 billion, or $41.83 per diluted share, in 2020.
details at: https://press.aboutamazon.com/news-releases/news-release-details/amazoncom-announces-fourth-quarter-results

Related Posts

L Brands Authorizes $250 Million Repurchase Program

As part of its ongoing commitment to return value to shareholders, L Brands, Inc. announced that its Board of Directors has authorized a new $250 million share repurchase program, which includes $10.3 million remaining under its previous $250 million share repurchase program.

With Busiest Mailing and Shipping Week Fast Approaching, U.S. Postal Service Reports Stable Service Performance for First-Class Mail, Marketing Mail and Periodicals

The network continues to operate smoothly with the busiest mailing and shipping week fast approaching. Between Nov. 25 and Dec. 8, the Postal Service accepted 4.9 billion mail and packages for delivery. Overall, heading into the busiest mailing and shipping week, average days to deliver a mailpiece was 2.7 days. First quarter-to-date service performance scores covering the period Oct. 1 through Dec. 3 included: *First-Class Mail: 90.1 percent of First-Class Mail delivered on time against the USPS service standard, an improvement of 2.4 percentage points from the fourth quarter. *Marketing Mail: 92.2 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fourth quarter. *Periodicals: 82.6 percent of Periodicals delivered on time against the USPS service standard, consistent with performance from the fourth quarter.

The New York Times Company Reports Third-Quarter 2024 Results

Meredith Kopit Levien, president and chief executive officer, The New York Times Company, said, “The third quarter was another strong one for The Times as we made further progress toward becoming the essential subscription for every curious person seeking to understand and engage with the world. We passed 11 million total subscribers in the quarter, more than five million of whom now subscribe to the bundle or multiple products. Our world-class news coverage and premium lifestyle products meet complementary user needs, and drive revenue growth across subscriptions, advertising, affiliate and licensing. We believe that portfolio, and our ability to keep adding value to it over time, is what makes The Times resilient in a changing media landscape, and well-positioned to become a larger, more profitable company.” Key Highlights • The Company added approximately 260,000 net digital-only subscribers compared with the end of the second quarter of 2024 bringing the total number of subscribers to 11.09 million. • Growth in both digital subscribers and ARPU drove a year-over-year increase in digital subscription revenues of 14.2 percent.
Back To Top
×Close search
Search