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FILE - The Amazon logo is displayed, Jan. 23, 2023, at a Best Buy store in Pittsburgh. Amazon on Thursday, Oct. 26, reported strong revenue and profits from the summer months driven by growth in online sales and its advertising business. (AP Photo/Gene J. Puskar, File)

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Amazon posts strong revenue and profits, says it's in 'best position' it's ever been before holidays
October 29, 2023 midnight

Amazon posts strong revenue and profits, says it's in 'best position' it's ever been before holidays

For the three months that ended on Sept. 30, the company said it earned $143.1 billion in revenue, a 13% increase compared to the same period last year. Amazon made $9.9 billion in profits, topping analysts' expectations and sending its stocks higher in after-hours trading.