By Alistair Barr
SAN FRANCISCO (Reuters) - Amazon.com Inc shares jumped almost 7 percent on Tuesday after the world's largest Internet retailer reported quarterly results.
The company said fourth-quarter revenue jumped 22 percent to $21.27 billion as it grabbed a big share of online spending during the crucial holiday period.
The Seattle-based company also reported net income of $97 million, or 21 cents a share in the fourth quarter, compared with $177 million, or 38 cents a share in the same period a year earlier.
Operating income jumped 56 percent to $405 million in the fourth quarter, compared with $260 million in the fourth quarter of 2011, Amazon also said.
Amazon shares climbed 6.8 percent to $278 in after-hours trading following its results.
(Reporting By Alistair Barr; Editing by Bernard Orr)
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