Amazon Q3 revenue rises 12% to $201.9B, net income falls 2% to $20.7B; AMZN drops 8%

Amazon reported Q3 revenue of $201.9B, up 12% year over year, with operating income up 61% to $28.1B and a record 13.9% operating margin. Net income fell 2% to $20.7B, AWS net sales grew 39.3%, and AMZN shares dropped more than 8% after hours.

• Q3 revenue: $201.9B, up 12% year over year
• Operating income $28.1B, margin 13.9% — a record
• Net income down 2% to $20.7B
• AWS sales up 39.3%; shares fell 8% after hours