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January 28, 2016 09:16 pm GMT
Despite posting thebest quarterly profit in its history, Amazon plummetedas much as 13% after-hours after missingon net sales and earnings per share. This came after stocks had soared to end up nearly9% in the hours preceding the earnings release. The Seattle-based retail company reported net sales of $35.7billion for the fourth quarter of 2015, up 22% from $29.3 billion in the… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JEJ5AyVBl80/
Amazon Tanks 13% After Reporting Q4 Miss With $1.00 EPS, $35.7B Net Sales
Despite posting thebest quarterly profit in its history, Amazon plummetedas much as 13% after-hours after missingon net sales and earnings per share. This came after stocks had soared to end up nearly9% in the hours preceding the earnings release. The Seattle-based retail company reported net sales of $35.7billion for the fourth quarter of 2015, up 22% from $29.3 billion in the… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/JEJ5AyVBl80/
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