Amazon Announces Financial Results and CEO Transition

Amazon.com, Inc. (NASDAQ: AMZN) has announced financial results for its fourth quarter which ended December 31 2020 in a press statement released on Amazon website. The report full states: Operating cash flow increased 72% to $66.1 billion for the trailing twelve months, compared with $38.5 billion for the trailing twelve months ended December 31, 2019.Free cash flow increased to $31.0 billion for the trailing twelve months, compared with $25.8 billion for the trailing twelve months ended December 31, 2019.Free cash flow less principal repayments of finance leases and financing obligations inc…

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