Summary
This 8-K filing from Amazon.com, Inc., dated April 23, 2015, primarily announces the company's first quarter 2015 financial results. The report references a press release (Exhibit 99.1) containing these results, along with additional information regarding non-GAAP financial measures (Exhibit 99.2). Investors should refer to these exhibits for the detailed financial performance of Amazon for the first quarter of 2015. Furthermore, the filing discloses a significant change in Amazon's reporting structure. Effective Q1 2015, the company has reorganized its reportable segments into three distinct categories: North America, International, and Amazon Web Services (AWS). This segmentation reflects a shift in how Amazon evaluates business performance and manages its operations, with historical segment data for 2014 and 2013 provided in Exhibit 99.3. While the reporting segments have changed, consolidated net sales, income (loss) from operations, and net income (loss) remain unaffected.
Key Highlights
- 1Amazon.com, Inc. announced its First Quarter 2015 financial results on April 23, 2015.
- 2The filing includes the press release detailing Q1 2015 financial performance (Exhibit 99.1).
- 3Information regarding the use of non-GAAP financial measures in public disclosures is provided (Exhibit 99.2).
- 4Effective Q1 2015, Amazon has changed its reportable segments to North America, International, and Amazon Web Services (AWS).
- 5This new segment structure is based on how Amazon evaluates business performance and manages operations.
- 6Historical segment financial information for 2014 and 2013 under the new structure is available (Exhibit 99.3).