- Amazon (NASDAQ:AMZN) topped $60B for the holiday quarter as it notched out 36% growth on a constant-currency basis.
- North American revenue rose 42% to $37.3B, while international sales ran up 29% to $18B. AWS was a beast again, posting 45% revenue growth to $5.1B. Amazon's sales mix was 60% from North America, 32% from International 32% and AWS at 8%.
- Operating income jumped 69% to $2.1B to easily top the company's own guidance. AWS generated over a $1B of the OI.
- Q4 also included a provisional tax benefit for the impact of the tax bill of ~$789M.
- CEO Jeff Bezos gives a shout-out to Alexa, instead of diving into numbers. "Our 2017 projections for Alexa were very optimistic, and we far exceeded them. We don’t see positive surprises of this magnitude very often — expect us to double down," says Bezos.
- Guidance from Amazon was roughly in-line at Q1 revenue of $47.75B to $48.71B vs. $48.7B consensus.
- Shares of Amazon are up 2.75% in AH trading to cut into the 4.2% loss posted earlier today.
- Now read: Will Amazon Become A Healthcare Company?
Original article