This excerpt taken from the EBAY 8-K filed Oct 17, 2007.
eBAY INC. ANNOUNCES THIRD QUARTER 2007 FINANCIAL RESULTS
San Jose, Calif, October 17, 2007 eBay Inc. (Nasdaq: EBAY; www.ebay.com) reported financial results for its third quarter ended September 30, 2007.
eBay reported record consolidated Q3-07 net revenues of $1.89 billion, representing a year-over-year growth rate of 30%. GAAP operating loss was $938 million in Q3-07, representing (50%) of net revenues, compared to GAAP operating income of $339 million in Q3-06. GAAP net loss in Q3-07 was $936 million, or $0.69 loss per diluted share. Both the GAAP operating loss and GAAP net loss were the result of the previously announced goodwill impairment charge related to eBays acquisition of Skype.
Non-GAAP operating income was $593 million, representing a year-over-year increase of 28% and 31% of net revenues. Non-GAAP net income was $564 million, or $0.41 earnings per diluted share, representing a year-over-year increase of 53%.
The company purchased approximately 14.8 million shares of its common stock at a total cost of approximately $500 million during the quarter out of its authorized stock repurchase program of up to $2 billion by January 2009.
During the quarter we made significant progress against our business unit strategies which resulted in record net revenues of $1.89 billion, a 30% year-over-year increase, said eBay President and CEO, Meg Whitman. eBay International, PayPal Merchant Services, StubHub, classifieds and our advertising businesses all performed above our expectations.
This excerpt taken from the EBAY 8-K filed Apr 18, 2007.
eBAY INC. ANNOUNCES FIRST QUARTER 2007 FINANCIAL RESULTS
Reports Record Q1 Net Revenues of $1.77 Billion
Delivers Q1 GAAP Diluted EPS of $0.27 and Non-GAAP Diluted EPS of $0.33
Raises Full Year Guidance
San Jose, Calif, April 18, 2007 eBay Inc. (Nasdaq: EBAY; www.ebay.com) reported financial results for its first quarter ended March 31, 2007.
eBay reported record consolidated Q1-07 net revenues of $1.77 billion, representing a growth rate of 27% year over year. GAAP operating income was $468 million, an increase of 45% year over year, and represented 26.5% of net revenues. Non-GAAP operating income in Q1-07 was $593 million, representing a 33.6% operating margin and a 29% year-over-year increase.
GAAP net income in Q1-07 increased 52% year over year to $377 million, or $0.27 earnings per diluted share. Non-GAAP net income increased 34% year over year to $460 million, or $0.33 earnings per diluted share. GAAP and non-GAAP earnings per diluted share increased 59% and 39% year over year, respectively.
The company purchased approximately 10 million shares of its common stock at a total cost of approximately $333 million during the quarter and may purchase up to an additional $2.0 billion of common stock through January 2009 under its stock repurchase program.
This first quarter of 2007 was a very strong one for the company, said eBay Inc. President and Chief Executive Officer, Meg Whitman. The strength of our core businesses, as well as the significant traction were beginning to see across our newer businesses, helped us deliver great results across the board.