On the heels of the latest big stock-market crash, Amazon CEO Jeff Bezos has told analysts that he believes the company has “a few months” to “recover.”
At a conference call with analysts Friday, Bezos acknowledged that Amazon has “not yet been able to fully recover” from the September 11, 2001, terrorist attacks.
In a blog post on the company’s website, Bezos said that while he is still trying to sort through the impact of the events, he believes Amazon is “ready to head back to a more normal and healthy path.”
But the post also laid out a few possible scenarios for Amazon, noting that the company might have to go back to “traditional stock-based compensation programs” and would “probably be looking at some new revenue models.”
For now, Bezos is hopeful that Amazon will “continue to have a positive outlook” following the stock market crash.
The company has been working on its next major stock-price increase, he said.
The stock market plunge came at a difficult time for Amazon.
The e-commerce giant posted its fourth-quarter net loss for the year of $14.4 billion, down from a year earlier.
It also reported a loss of $1.6 billion in the third quarter, and a loss for 2016 of $3.6 million.
The company had been anticipating its worst-ever quarterly loss.
Amazon has already spent billions of dollars to buy back shares since September 11th, when it purchased stock worth more than $1 billion in Amazon stock from private investors.