101 days ago • Posted by William Ramstein

UPS sees record revenue in last 3 months of 2020, shares rise 3%

UPS  revenues rose 21% to $25B in the three months ending December 31st, 2020. Costs also rose however and the firm posted a loss of $3.26 billion. Adjusted profits were $8.23 per share. Amazon accounted for 13.3% of UPS's total revenue last year, up from 11.6% the year before, said UPS CEO Carol Tome. - Yahoo Finance