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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 eBay’s 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 we’re beginning to see
across our newer businesses, helped us deliver great results
across the board.”
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