Amazon Q4 surged to $7.22 billion
Seattle, Washington-based Amazon's fourth-quarter surged to $7.22 billion or $14.09 per share from $3.27 billion or $6.47 per share last year.
Amazon's sales for the quarter jumped 44% to $125.55 billion from $87.44 billion last year. Analysts had a consensus revenue estimate of $119.70 billion for the quarter.
Sales from North America jumped 40 percent to $75.35 billion from $53.67 billion last year, while international sales rose 57 percent to $37.47 billion from $23.81 billion. Meanwhile, revenues of Amazon Web Services, Amazon's cloud service division, jumped 28 percent to $12.74 billion from $9.95 billion.
Looking forward to the first quarter, the company expects sales of $100 billion to $106 billion. Analysts currently estimate revenues of $95.69 billion. ■