☰

Telecomunicaciones y tecnología

Amazon.com profit beats view; shares rise


    SAN FRANCISCO (Reuters) - Amazon.com Inc on Thursday posted a higher-than-expected quarterly profit and an 18 percent revenue rise, helped by market share gains during the holiday season, and shares of the online retailer rose 8 percent.

    Net income in the fourth quarter rose 9 percent to $225 million, or 52 cents per share, from $207 million, or 48 cents per share, a year earlier. Revenue rose to $6.7 billion.

    Analysts, on average, had been expecting earnings of 39 cents per share on revenue of $6.4 billion, according to Reuters Estimates.

    Seattle-based Amazon was expected by analysts to gain the lion's share of online holiday spending, at a time when consumers dramatically cut back purchases. Its lowered prices and discount shipping program, Amazon Prime, have helped the company lure repeat customers to its site.

    Looking ahead, Amazon said it expects fiscal first-quarter operating income to range between $125 million and $210 million on revenues ranging from $4.53 billion to $4.93 billion.

    Shares rose 8 percent in after-hours trade to $54 after closing at $50 on the Nasdaq.

    (Reporting by Alexandria Sage)