03-02-2017 03:37 via rocketnews.com

Amazon profit jumps while revenue misses mark

Amazon reported that profit leapt during the year-end holiday shopping season, but the tech giant saw shares sink as revenue fell shy of high expectations.
While revenue rose to $43.7 billion from $35.7 billion in a similar year-over-year comparison, Wall Street had expected Amazon to take in more cash during the key holiday shopping season.
“Amazon is usually a retailer that operates at full volume, the noise of its sales growth a clarion call in an often muted retail sector,” said
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