Electronic information
eBay in the first quarter net income $ 460,000,000 up 22%
In Electronic Infomation Category: R | on November 1, 2010
EBay yesterday announced first-quarter 2008 financial results. Report, eBays first quarter net revenue 21.92 billion, an increase of 24%; net profit of 4.6 billion U.S. dollars, up 22%; $ 0.34 per diluted share, compared to $ 0.27; operating cash flow 7.66 billion, free cash flow is 6.32 million.
The first quarter, eBay Internet auction service net revenues of 14.8 billion U.S. dollars, an increase of 19%, of which 55% came from outside the United States market. Internet auction platform eBay the first quarter of the total transactions amounted to $ 16,040,000,000, an increase of 12%; eBay online payment service PayPals net revenues were $ 582,000,000, an increase of 32%.
The first quarter, eBay repurchased a total of about 3,700 shares of common stock, with a total expenditure of about 10 billion U.S. dollars. Of the stock repurchase program, the company will be January 2009 before the repurchase up to $ 2,000,000,000 worth of common stock.
EBay expects net revenues in 2008 to 8.7 billion -90 billion; in accordance with U.S. GAAP, diluted earnings per share in 2008 1.35-1.40 U.S. dollars.