Amazon's Q3 revenue totals $96 billion

Amazon's Q3 revenue totals $96 billion

Amazon announced in financials for the quarter ending on September 30 and here are some of the key highlights of the same:

  • Operating cash flow increased 56% to $55.3 billion for the trailing twelve months, compared with $35.3 billion for the trailing twelve months ended September 30, 2019.
  • Free cash flow increased to $29.5 billion for the trailing twelve months, compared with $23.5 billion for the trailing twelve months ended September 30, 2019.
  • Free cash flow less principal repayments of finance leases and financing obligations increased to $18.4 billion for the trailing twelve months, compared with $14.6 billion for the trailing twelve months ended September 30, 2019.

For more details on this, click here

You might also like

For several reasons, the IT sector is appealing to job seekers. ...Read more

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Articles

Reshoring is on its way for the US, due to the ongoing COVID-19 crisis, especially for the tech man ...Read more

There’s no denying that the gig economy has seen much growth since the last recession. With the spr ...Read more

Whatever your work setting may be, it’s important to stay productive while you don’t burn out. Here ...Read more

More than 50% of the US workforce is working remotely as of now. According to experts, about 25-30% ...Read more