Amazon Grows Revenue 22%, Still Disappoints Investors

Amazon today announced financial results for its fourth quarter ended December 31. Operating cash flow increased 38% to $16.4 billion for the trailing 12 months, compared with $11.9 billion for the trailing 12 months ended December 31, 2015. Net sales increased 22% to $43.7 billion in the fourth quarter, compared with $35.7 billion in fourth … Continue reading Amazon Grows Revenue 22%, Still Disappoints Investors