Arab Today, arab today amazon surprises market with 214m quarterly profit
Last Updated : GMT 08:52:09
Arab Today, arab today
Arab Today, arab today

Amazon surprises market with $214m quarterly profit

Arab Today, arab today

Arab Today, arab today Amazon surprises market with $214m quarterly profit

Amazon
New York - AFP

Amazon surprised the market Thursday with a quarterly profit far better than anticipated for the online giant known for investing for the long term.
Amazon posted earnings of $214 million in the fourth quarter as sales jumped 15 percent to $29.3 billion, swinging to profit after two consecutive losing quarters. Shares in Amazon rose seven percent in after-hours trading.

 

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