Amazon announced quarterly earnings per share of $0.19 on revenue of $23.18 billion today. The company saw a net income of $92 million.
Analysts anticipated earnings of -$0.14 a share on revenue of $22.39 billion.
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Meanwhile, Amazon’s U.S third quarter sales grew 25 percent from $10.94 billion a year ago to $13.8 billion. Its international sales also grew year-over-year from from $7.3 billion to $7.5 billion. In addition to slow growth abroad, the company continues to rack up losses — $19 billion this quarter.
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Amazon has been busy pushing international growth. Earlier this quarter, the company announced that it would open a Web Services Center in India in 2016 in response to demand. Amazon also expanded its Prime one-hour delivery service to London, its first city outside of the U.S., and launched an online marketplace specifically aimed at Mexico. Additionally, the Everything Store has big plans to roll out its small business loan program to eight more countries later this year.
Last quarter Amazon announced financial information for its cloud-computing business for the first time, revealing a $5 billion business.
“From our perspective, it’s a business that’s still really in day one,” said chief financial officer Tom Szkutak during Amazon’s last earnings statement. In the subsequent quarter, the company not only announced plans for more data centers, it also applied to be a root certificate authority, which would allow it to sell security certificates to developers.
Amazon also expanded revenue sources in other ways this quarter: through an ad campaign for the movie Minions that appeared on Amazon shipping boxes.
In after-hours trading Amazon’s stock is up more than 15 percent.
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