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Amazon CEO Bezos posts A+ revenue, profits

Added 01-30-20 05:04:02pm EST - “Amazon CEO Jeff Bezos delivered in the fourth-quarter.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Amazon CEO Bezos posts A+ revenue, profits”. Below is an excerpt from the article.

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Amazon founder and CEO Jeff Bezos' personal life continues to steal the headlines but it is business as usual for the e-commerce giant which posted better-than-expected fourth-quarter results.

The company posted revenue of $87.4 billion which beat the $86.09 billion estimate. Profits came in at $6.07 per share, well ahead of the $4.03 estimate.

“Prime membership continues to get better for customers year after year. And customers are responding — more people joined Prime this quarter than ever before, and we now have over 150 million paid Prime members around the world,” said Bezos in the earnings release.

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