Amazon reports 9% sales increase in fourth quarter and big profit gain on Rivian stake

Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021.

David Ryder | Bloomberg | Getty Images

Amazon on Thursday said revenue climbed 9% in the fourth quarter and the company reported a gain of almost $12 billion from its investment in Rivian. The stock popped in extended trading.

  • Earnings per share: $27.75
  • Revenue: $137.4 billion vs $137.6 billion expected, according to a Refinitiv survey of analysts
  • AWS revenue: $17.8 billion vs $17.37 billion expected, according to StreetAccount

It is not immediately clear if the reported earnings per share are comparable to analyst estimates.

This is breaking news. Please check back for updates.

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