Amazon Shares Fall After Q3 Earnings Miss Expectations

· Entertainment · United States

Amazon shares fell as much as 9% in after-market trading Thursday after the tech giant reported third-quarter earnings below Wall Street analysts' expectations. Diluted earnings per share came in at $1.89, down from $1.95 in the year-ago quarter, while total revenue climbed 12% to $201.9 billion. The miss came as a broader market rout hit Big Tech stocks. Amazon's results are closely watched across media because its advertising and Prime Video businesses have become major revenue drivers for the entertainment sector, and the stock reaction signals investor sensitivity to profitability in those units.

Why it matters：Amazon's numbers and share reaction set the tone for how investors value streaming and advertising units at a time when Big Tech earnings are under close scrutiny.

Key points

  • Diluted earnings per share were $1.89, down from $1.95 a year earlier.
  • Total revenue rose 12% to $201.9 billion.
  • Shares fell as much as 9% in after-market trading.

Sources (original reporting)

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