Amazon EPS of $0.65, revenue of $134.3B beats by $2.96B
Amazon press release (NASDAQ:AMZN): Q2 EPS of $0.65 may not be comparable to consensus of $0.34.
Second quarter 2023 net income includes a pre-tax valuation gain of $0.2 billion included in non-operating expense from the common stock investment in Rivian Automotive, Inc., compared to a pre-tax valuation loss of $3.9 billion from the investment in second quarter 2022.

Revenue of $134.3B (+10.8% Y/Y)  beats by $2.96B.
North America segment sales increased 11% year-over-year to $82.5 billion.
International segment sales increased 10% year-over-year to $29.7 billion.
AWS segment sales increased 12% year-over-year to $22.1 billion.
Shares +6%.

Third Quarter 2023 Guidance

Net sales are expected to be between $138.0 billion and $143.0 billion vs. $138.29B consensus, or to grow between 9% and 13% compared with third quarter 2022. This guidance anticipates a favorable impact of approximately 120 basis points from foreign exchange rates.
Operating income is expected to be between $5.5 billion and $8.5 billion, compared with $2.5 billion in third quarter 2022.