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Amazon Com Inc (AMZN) SEC Filing 10-Q Quarterly report for the period ending Monday, September 30, 2019

Amazon Com Inc

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CIK: 1018724 Ticker: AMZN


Exhibit 99.1
 amazonlogorgba05.jpg
AMAZON.COM ANNOUNCES SECOND QUARTER SALES UP 20% TO $63.4 BILLION
SEATTLE—(BUSINESS WIRE) July 25, 2019—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2019.
Operating cash flow increased 65% to $36.0 billion for the trailing twelve months, compared with $21.8 billion for the trailing twelve months ended June 30, 2018. Free cash flow increased to $25.0 billion for the trailing twelve months, compared with $10.4 billion for the trailing twelve months ended June 30, 2018. Free cash flow less principal repayments of finance leases and financing obligations increased to $16.1 billion for the trailing twelve months, compared with $4.1 billion for the trailing twelve months ended June 30, 2018. Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations increased to $13.0 billion for the trailing twelve months, compared with $546 million for the trailing twelve months ended June 30, 2018.
Common shares outstanding plus shares underlying stock-based awards totaled 510 million on June 30, 2019, compared with 506 million one year ago.
Net sales increased 20% to $63.4 billion in the second quarter, compared with $52.9 billion in second quarter 2018. Excluding the $814 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 21% compared with second quarter 2018.
Operating income increased to $3.1 billion in the second quarter, compared with operating income of $3.0 billion in second quarter 2018.
Net income increased to $2.6 billion in the second quarter, or $5.22 per diluted share, compared with net income of $2.5 billion, or $5.07 per diluted share, in second quarter 2018.
“Customers are responding to Prime’s move to one-day delivery — we’ve received a lot of positive feedback and seen accelerating sales growth,” said Jeff Bezos, Amazon founder and CEO. “Free one-day delivery is now available to Prime members on more than ten million items, and we’re just getting started. A big thank you to the team for continuing to make life easier for customers.”
Highlights
•
Prime Day was once again the largest shopping event in Amazon history with more than one million deals exclusively for Prime members. Over the two days of Prime Day, on July 15 and 16, sales surpassed the previous Black Friday and Cyber Monday combined. Prime Day was also the biggest event ever for Amazon devices, when comparing two-day periods. Amazon welcomed more new Prime members on July 15 than any previous day, and almost as many on July 16 — making these the two biggest days ever for member signups. In addition, Prime members received tens of millions of dollars in savings when shopping from Whole Foods Market and bought more than $2 billion of products from independent small and medium-sized businesses. Millions of people worldwide streamed Prime Day events, including the Prime Day Concert presented by Amazon Music and headlined by 10-time GRAMMY Award-winning artist Taylor Swift.
•
Amazon hosted thousands of attendees at re:MARS, a new Artificial Intelligence (AI) conference focused on machine learning, automation, robotics, and space. There were over one hundred talks, sessions, and workshops held by Amazon and industry leaders that showcased leading advancements in robotics and automation, including telerobotic hands that transmit touch to haptic gloves from HaptX, SynTouch, and Shadow Robot Company; an electric adventure vehicle from Rivian that integrates with Alexa; and an autonomous flying microbot from the Wyss Institute at Harvard University. Amazon also announced Prime Air’s new drone delivery design; a new AI-driven approach for Alexa skill developers called Alexa Conversations; and the Pegasus Drive sortation robot, used in Amazon sortation centers.
•
Amazon introduced the all-new Echo Show 5, which features a compact design, 5.5-inch display, rich sound, HD camera, and built-in camera shutter.

The following information was filed by Amazon Com Inc (AMZN) on Thursday, July 25, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Amazon Com Inc's 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income (Parenthetical)
Consolidated Statements Of Operations
Accounting Policies
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Accounting Policies - Accounting Pronouncements Recently Adopted (Details)
Accounting Policies - Accounts Receivable, Net And Other (Details)
Accounting Policies - Calculation Of Diluted Shares (Details)
Accounting Policies - Leases (Details)
Accounting Policies - Unearned Revenue (Details)
Accounting Policies - Video And Music Content (Details)
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Commitments And Contingencies (Tables)
Commitments And Contingencies - Pledged Assets (Details)
Commitments And Contingencies - Principal Contractual Commitments Excluding Open Orders (Details)
Debt - Additional Information (Details)
Debt - Long-Term Debt Obligations (Details)
Financial Instruments
Financial Instruments (Tables)
Financial Instruments - Contractual Maturities (Details)
Financial Instruments - Equity Warrant Assets And Non-Marketable Equity Securities (Details)
Financial Instruments - Fair Values On Recurring Basis (Details)
Financial Instruments - Reconciliation To Cash Flow (Details)
Income Taxes
Income Taxes - Income Taxes (Details)
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Leases - Other Operating And Finance Lease Information (Details)
Long-Term Debt
Long-Term Debt (Tables)
Segment Information
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Segment Information - Disaggregation Of Revenue (Details)
Segment Information - Reportable Segments And Reconciliation To Consolidated Net Income (Details)
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Stockholders' Equity - Additional Information (Details)
Stockholders' Equity - Changes In Stockholders Equity (Details)
Stockholders' Equity - Restricted Stock Unit Activity (Details)
Stockholders' Equity - Scheduled Vesting For Outstanding Restricted Stock Units (Details)
Stockholders' Equity - Stock-Based Compensation Expense (Details)

Material Contracts, Statements, Certifications & more

Amazon Com Inc provided additional information to their SEC Filing as exhibits

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification
Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification
Exhibit 32.1: Section 1350 Certification
Exhibit 32.2: Section 1350 Certification
Ticker: AMZN
CIK: 1018724
Form Type: 10-Q Quarterly Report
Accession Number: 0001018724-19-000089
Submitted to the SEC: Thu Oct 24 2019 4:49:26 PM EST
Accepted by the SEC: Fri Oct 25 2019
Period: Monday, September 30, 2019
Industry: Retail Catalog And Mail Order Houses

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