Amazon Q4 EPS Crushes Views; Sales, Outlook Miss

By | January 29, 2015

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Amazon shares surged 12% in after-hours trading Thursday after the e-commerce king reported fourth-quarter earnings that trumped forecasts, though sales were eroded by adverse currency factors and missed views. The company’s Q1 outlook also disappointed. The shares closed the regular session at 311.78. Investors seemed cheered by a better-than-50% increase in paid Prime membership last year that offset softness in other parts of Amazon’s (AMZN) Scalper1 News

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