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Tech Industry sees 4Q results in line with forecasts (Nasdaq: AMZN) expects to report a fourth quarter operating loss of less than $67.2 million on revenue of more than $960 million.

    After market close Monday, the online retailer said it sees a fourth quarter operating loss of less than 7 percent of net sales, which are expected to exceed $960 million.

    The consensus forecast of First Call's analyst survey predicts an loss of 26 cents per share on revenue of $1 billion for's December quarter.

    Shares of traded above 15 in afterhours activity on the Island electronic communications network, following the preannouncement. rose 0.375 to 14.9375 in Monday's regular trading ahead of the report.

    Monday's preannouncement is in line with the company's earlier forecast of a fourth quarter loss ranging between $47.5 million and $84 million.

    "We're pleased that during a period of broad softening in consumer spending, we delivered sales within our guidance, and at the same time met our bottom-line objectives," CFO Warren Jenson said.

    The company expects to report an inventory balance of $175 million for the end of the year. Cash and marketable securities will total about $1.1 billion, Jenson said. Some observers have criticized's balance sheet accounting.

    Gross profit will come in at more than $210 million, up more than 140 percent year-over-year and more than 26 percent sequentially.

    More than 35 percent of's U.S. customers in the fourth quarter bought something besides books, music and video, CEO Jeff Bezos said. The company did not say how much of its total revenue came from its electronics, kitchen and tools stores, although Bezos said those areas posted record sales. said it added 4 million customer accounts during the quarter, bringing the company's total base to more than 29 million.

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