Internet retailer Amazon.com said today it expects a first quarter net loss of less than $255 million compared with $308 million loss a year earlier.
Amazon said it projects net sales to exceed $695 million, an increase of 21 per cent from a year earlier.
The company also said it expects gross profit to exceed $175 million in the quarter, an increase of over 35 per cent compared to $128 million in the first quarter of 2000.
The company will release its earnings on April 24th.
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AFP