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Benzinga
Benzinga
Business
Chris Katje

Amazon Q4 Earnings Takeaways: Holiday Costs, Prime Price Hike, Stock Soars

Amazon Amazon.com Inc Amazon.com Inc.

Amazon.com Inc (NASDAQ:AMZN) shares popped more than 15% after reporting fourth quarter and fiscal year financial results after market close Thursday. Here are the key takeaways for investors.

What Happened: Amazon reported fourth-quarter net sales of $137.4 billion, up 9% year over year. The sales figure came in shy of the consensus estimate of $137.6 billion, according to Benzinga Pro.

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