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Amazon sales up 20% in Q4, profits improve

Friday 31 January 2014 | 08:59 CET | News
Amazon.com reported fourth-quarter sales up 20 percent to USD 25.59 billion. Operating profit rose 26 percent from a year earlier to USD 510 million, and net profit increased to USD 239 million or 51 cents a share from USD 97 million or 21 cents per share in the fourth quarter of 2012. Amazon increased free cash flow to USD 2.03 billion for the trailing twelve months, from USD 395 million in the year-earlier period, when it spent USD 1.4 billion on new office space in Seattle. For the first quarter, Amazon forecast sales of USD 18.2-19.9 billion, an increase of 13-24 percent year-on-year. The

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Categories: Internet
Companies: Amazon
Countries: World
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