(Alliance News) - Amazon.com Inc on Thursday reported improved sales and earnings in the first quarter, but shares eased on softer than hoped guidance.

The Bellevue, Washington-based technology and ecommerce company said first quarter net income rose 64% to USD17.13 billion from USD10.43 billion a year prior.

Net sales improved 8.6% to USD155.67 billion from USD143.31 billion, beating USD155.04 billion FactSet consensus.

First quarter diluted earnings per share was USD1.59 compared to USD0.98 a year prior, and ahead of USD1.37 FactSet consensus.

North America sales increased 8% year-over-year to USD92.9 billion, International sales increased 5% year-over-year to USD33.5 billion and Amazon Web Services sales increased 17% year-over-year to USD29.3 billion.

"We're pleased with the start to 2025, especially our pace of innovation and progress in continuing to improve customer experiences," said Andy Jassy, president & chief executive.

Looking ahead, the world's largest online retailer projected operating profit of USD13 billion to USD17.5 billion in the second quarter, compared with an average estimate of USD17.8 billion.

Sales will be USD159 billion to USD164 billion in the period ending in June, the company said, compared to consensus of USD161.4 billion.

Amazon shares traded 4.4% lower in New York on Thursday after hours. They had earlier closed up 3.1% at USD190.20.

By Jeremy Cutler, Alliance News reporter

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