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Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1

2020-01-31 09:30:00| Telecompaper Headlines

(Telecompaper) Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share. [ more ]

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