Top

Amazon Q4 beats earnings expectations but $43.7 billion in revenues fall short

February 3, 2017

This afternoon e-commerce giant Amazon announced quarterly revenues of $43.74 billion and earnings of $1.54 per share. Earnings beat expectations, however revenues were less than expected and shares are down in after-hours trading.

Fourth quarter income was $749 million. Full-year net sales grew 27 percent to $136 billion. The company announced first quarter guidance of $33.25 billion and $35.75 billion, which also disappointed investors.

Read More on Marketing Land