Amazon Grows, But Profits Aren't Enough for Traders

by on January 28, 2016 in Booksellers, Earnings Reports

Amazon reported fourth quarter sales after the close of the market on Thursday, with revenues growing 22 percent to $35.7 billion, and net income of $482 million in the fourth quarter, or $1.00 per diluted share. While those sound like strong results (record results, even), analysts were expecting slightly higher sales ($35.98…

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