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Photo 194996167 © Marcos del Mazo |

CNBC reports:

Amazon reported earnings after the bell. Here are the results.

– Earnings: $1.39 per share

– Revenue: $149.2 billion vs $145.42 billion, according to Refinitiv estimates

[The full release is here: “ Announces Fourth Quarter Results“]

– Advertising: $11.38 billion, according to StreetAccount

Amazon likely closed out its worst year for revenue growth in its quarter century as a public company, and another quarter of single-digit sales expansion is expected, as the company grapples with waning consumer demand from inflation and a deceleration in its cloud business…

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