Amazon.com announced third-quarter sales up 29% to $56.6 billion
Amazon sales significantly increased in the third quarter. Source: flickr.com
Amazon announced financial results for its third quarter ended September 30, 2018.
Operating cash flow increased 57% to $26.6 billion for the trailing twelve months, compared with the previous year. Free cash flow also increased to $15.4 billion.
Common shares outstanding plus shares underlying stock-based awards totaled 507 million on September 30, 2018, compared with 503 million one year ago.
Net sales increased 29% to $56.6 billion in the third quarter, compared with $43.7 billion in the third quarter of 2017.
Operating income increased to $3.7 billion in the third quarter, compared with operating income of $347 million in the third quarter of 2017.
Net income increased to $2.9 billion in the third quarter, or $5.75 per diluted share.
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