Amazon (NASDAQ:AMZN) reported net income of US$ 6.75 billion and earnings per share of US$ 0.65 in the second quarter of 2023.
The result was above the forecast of analysts consulted by Factset, of earnings per share of US$ 0.35 . In the second quarter of 2022, the company lost $2 billion, or $0.20 per diluted share.
The tech company’s revenue rose 11% to $134.4 billion in the three months ended in June, compared with the same period in 2022, when it posted revenue of $121.2 billion.
The balance sheet also reported that operating cash flow increased 74% to $61.8 billion in the last quarter.
Amazon expects net sales of between $138 billion and $143 billion for this third quarter, up 9% to 13% from the third quarter of last year.
The company’s shares rose 6.46% after hours in New York.