![]() ![]() Andy Jassy, Amazon chief executive officer, said those problems would continue to weigh on the company. ![]() Investors had expected an earnings decline after Amazon issued a weak forecast three months ago due to global supply-chain and staffing issues. The company’s revenues, $110.81bn for the quarter, were also below analysts’ expectations. Net income decreased to $3.2bn in the third quarter compared with $6.3bn in the third quarter of 2020, its largest year-over-year decline since 2017. To learn more about how and for what purposes Amazon uses personal information (such as Amazon Store order history), please visit our Privacy Notice.The news sent Amazon’s share price down 4% in after-hours trading. You can change your choices at any time by visiting Cookie Preferences, as described in the Cookie Notice. Click ‘Customise Cookies’ to decline these cookies, make more detailed choices, or learn more. Third parties use cookies for their purposes of displaying and measuring personalised ads, generating audience insights, and developing and improving products. This includes using first- and third-party cookies, which store or access standard device information such as a unique identifier. If you agree, we’ll also use cookies to complement your shopping experience across the Amazon stores as described in our Cookie Notice. We also use these cookies to understand how customers use our services (for example, by measuring site visits) so we can make improvements. We use cookies and similar tools that are necessary to enable you to make purchases, to enhance your shopping experiences and to provide our services, as detailed in our Cookie Notice. ![]()
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