After the market close, the e-commerce giant reported net income that more than doubled year-over-year to a record $482 million, or $1 per share, but nonetheless was short of analysts' expectations for $1.56 per share. Revenue increased by 22% to $35
Shares of Amazon plummeted in extended trading, after the company posted a big earnings miss for the holiday quarter. The Internet retail giant reported Thursday fourth-quarter net income of $1 per share on $35.75 billion in sales, missing the $1.56
"In general, the picture we're getting from earnings season is a slowdown, and then looking forward doesn't look so good either," said trader Brian Kelly, who highlighted Apple's guidance and Amazon's high spending. FANG (Facebook, Amazon, Netflix and
NEW YORK (TheStreet) — For its fourth quarter, e-commerce giant Amazon.com (AMZN – Get Report) earned $1 a share, falling short of Wall Street's estimates of $1.56 a share. Revenue of $35.75 missed estimates of $35.93 billion. Immediately following
"In general, the picture we're getting from earnings season is a slowdown, and then looking forward doesn't look so good either," said trader Brian Kelly, who highlighted Apple's guidance and Amazon's high spending. FANG (Facebook, Amazon, Netflix and