Amazon (AMZN) reported third quarter results that topped Wall Street estimates on both the top and bottom lines. The company posted earnings of $1.43 per share compared to a Bloomberg consensus estimate of $1.16. Net sales were $158.9 billion versus the expected $157.29 billion. AWS revenue net sales were $27.45 billion compared to a $27.49 billion estimate.

For Q4, Amazon sees net sales in a range of $181.5 billion to $188.5 billion. Wall Street was expecting $186.36 billion. It sees operating income in a range of $16.0 billion to $20.0 billion versus the estimated $17.49 billion.

Yahoo Finance Senior Reporters Alexandra Canal, Jared Blikre, and Josh Schafer break down the tech giant's results in the video above.

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This post was written by Stephanie Mikulich.