Amazon reported its first unprofitable report in nine years with a loss of $2.7 billion for 2022.
Here are three things ASCs need to know:
- Amazon closed out its second-slowest year of growth in its 25 years as a public company.
- Net sales increased by 9 percent to $149.2 billion in the fourth quarter. A year ago, that number was $137.4 billion
- Amazon said it expects revenue in the first quarter will be $121 billion to $126 billion.