San Jose, Calif.,
July 16, 2008 — eBay Inc. (Nasdaq:
EBAY) today reported financial
results for its second quarter ended
June 30, 2008. The ecommerce company
posted second quarter revenue of
$2.20 billion, up $361 million from
the same period last year. Net
income on a GAAP basis was $460
million, or $0.35 per diluted share,
and non-GAAP net incomewas $568
million, or $0.43 per diluted share.
“This was a strong
quarter and we are very pleased with
the performance of the portfolio,
particularly with the
growthgenerated by PayPal,” said
eBay Inc. President and CEO John
Donahoe. “We have made bold moves
across the eBaymarketplace to
accelerate long-term growth. We
remain confident in our strategies
to improve the customer experience
aswe manage in an uncertain economic
climate.”
eBay continues to
benefit from an increasingly
diversified portfolio of businesses.
While Marketplaces transaction
revenuecontinues to represent a
majority of revenue for the company,
revenue growth rates were helped by
the company’s fastergrowing
businesses such as PayPal, global
classifieds, advertising and Skype.
The company’s global footprint
helped itbenefit from strength in
other currencies, relative to the
U.S. dollar.
Press Release Source: eBay Inc.
EBAY INC. REPORTS
FOURTH QUARTER AND FULL YEAR 2007
RESULTS
Major businesses
and robust growth in newer lines of
business drive revenue
San Jose, Calif,
January 23, 2008 — eBay Inc. (Nasdaq:
EBAY; www.ebay.com) today reported
financial results for its fourth
quarter and year ended December 31,
2007. The ecommerce company posted
fourth quarter revenue of $2.18
billion, representing a $461 million
year-over-year increase. Revenue
grew across all businesses
highlighted by more robust growth
from PayPal, StubHub, Skype,
classifieds and advertising. The
company recorded net income on a
GAAP basis of $531 million or $0.39
per diluted share, and non-GAAP net
income of $611 million or $0.45 per
diluted share.
For the full
year, eBay Inc. posted $7.67 billion
in revenue, net income on a GAAP
basis of $348 million or $0.25 per
diluted share, and non-GAAP net
income of $2.11 billion or $1.53 per
diluted share.
[more]
Amazon
Financials
Amazon.com Announces Second
Quarter Sales up 41% to
$4.06 Billion; Sales Growth
Accelerates to 31% in Media
and to 58% in Electronics
and Other General
Merchandise
SEATTLE, Jul 23, 2008
(BUSINESS WIRE) --
Amazon.com, Inc. (NASDAQ:
AMZN) today announced
financial results for its
second quarter ended June
30, 2008.
Operating cash flow was
$1.09 billion for the
trailing twelve months,
compared with $0.89 billion
for the trailing twelve
months ended June 30, 2007.
Free cash flow increased 16%
to $0.82 billion for the
trailing twelve months,
compared with $0.70 billion
for the trailing twelve
months ended June 30, 2007.
Common shares outstanding
plus shares underlying
stock-based awards
outstanding totaled 446
million on June 30, 2008,
compared with 435 million a
year ago.
Net sales increased 41%
to $4.06 billion in the
second quarter, compared
with $2.89 billion in second
quarter 2007. Excluding the
$0.18 billion favorable
impact from year-over-year
changes in foreign exchange
rates throughout the
quarter, net sales grew 35%
compared with second quarter
2007.
Operating income
increased 86% to $217
million in the second
quarter compared with $116
million in second quarter
2007. Excluding the $17
million favorable impact
from year-over-year changes
in foreign exchange rates
throughout the quarter,
operating income grew 71%
compared with second quarter
2007. Included in the second
quarter 2008 operating
income is a $53 million
non-cash gain recognized on
the sale of our European DVD
rental assets.
Net income increased 102%
to $158 million in the
second quarter, or $0.37 per
diluted share, compared with
net income of $78 million,
or $0.19 per diluted share,
in second quarter 2007.
"Customers continue to
take advantage of our low
prices, free shipping and
Amazon Prime," said Jeff
Bezos, founder and CEO of
Amazon.com. "Amazon Prime
membership costs less than a
tank of gas - more and more
customers are joining the
program and enjoying its
benefits."
Amazon
Discussion: 08/22/07, 19:43:52
LOS ANGELES (Reuters) — Shares of
Amazon.com (AMZN) jumped almost 27%
Wednesday, the largest gain in more
than five years, validating bullish
investors' belief that the Internet
retailer's spending and its focus on
boosting sales over profit ...
Our #1 Suggestion For 2007 
