Thursday, February 2, 2017

Amazon Profit Rises, But Shares Fall On Revenue Miss

Amazon.com Inc. (AMZN) Thursday reported a fourth-quarter profit that increased from a year ago, driven largely by 22 percent growth in revenues, especially at Amazon Web services. However, shares of the online retailer dropped nearly 4 percent in extended session after its revenues for the holiday season quarter fell short of Wall Street expectations.

from RTT - Earnings http://ift.tt/2l1VgJ0
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