Amazon.com says it expects a first quarter net loss of 'less than $255m' compared with a $308m loss a year earlier.
The leading Internet retailer said it projected net sales to exceed $695m, an increase of 21% from a year earlier.
Amazon also said it was sticking with guidance given previously for its full year results for 2001, without giving further details.
The company also said it expected gross profit to exceed $175m in the quarter, an increase of over 35% compared to $128 million in the first quarter of 2000. The company will release its earnings on April 24.
