Amazon stock soars 15% after earnings, will hike Prime membership fee

Amazon (AMZN) reported fourth quarter results on Thursday and announced it will raise its Prime membership fee to $139 per year from $119 in the U.S. The stock is soaring in after-hours.

These are the top- and bottom-line results for Amazon’s fourth quarter.

Earnings per share: $27.75 vs $3.77 expected

Revenue: $137.4 Billion vs $137.82 Billion expected

AWS net sales: $17.78 Billion vs $17.23 Billion expected

This is the third time since the launch of Amazon Prime that the e-commerce giant…


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