Amazon to increase size of Dublin office even as earnings fall short of predictions

Amazon has announced it is to increase the size of its Dublin office moving its Dublin Development Centre to a new premises at Burlington Plaza.

The announcement follows disappointing results from the company that acts as the internet’s department store.

Amazon fell 26% short of analysts’ predictions when it posted earnings of fourth-quarter profit of $0.51 a share, less than the $0.69 predicted by analysts. The company posted sales of $25.6bn (€18.96bn) for the three months through December trailed the $26.1bn that analysts had hoped for.