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Ebay Announces Record Revenues, Stock Repurchase Plan
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elgato



Joined: 24 Feb 2005
Posts: 17241
Location: Texas

Posted: Thu Jul 20, 2006 10:25 pm    Post subject: Ebay Announces Record Revenues, Stock Repurchase Plan  

eBay reported financial results for its second quarter ended June 30, 2006, and announced a stock repurchase plan. In a separate announcement to users, eBay said it was increasing fees for its Store owners (http://auctionbytes.com/cab/abn/y06/m07/i20/s01).

eBay reported record consolidated Q2-06 net revenues of $1.411 billion, representing a growth rate of 30% year over year and GAAP operating income of $311 million representing a 22% operating margin. Non-GAAP operating income in Q2-06 was $460 million representing a 33% operating margin. GAAP net income in Q2-06 was $250 million, or $0.17 earnings per diluted share. Non-GAAP net income in Q2-06 was $351 million, or $0.24 earnings per diluted share.

more.. link to news article
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envirobay



Joined: 17 Nov 2005
Posts: 624
Location: Boise, Id

Posted: Thu Jul 20, 2006 11:27 pm    Post subject:  

What kind of a dream world is ebay living in? I guess the same one that David Rockerfeller is in.

First they raise the fees, AGAIN because they are LOOSING money on the stores? Then they announce record profits. Hmmm, sounds like the gas companies to me.

I hope Meg's hair falls out.
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2BOYSandTOYS



Joined: 14 Mar 2005
Posts: 10095
Location: Kansas

Posted: Thu Jul 20, 2006 11:52 pm    Post subject:  

envirobay wrote (View Post): › docWrite("quote")What kind of a dream world is ebay living in? I guess the same one that David Rockerfeller is in.

First they raise the fees, AGAIN because they are LOOSING money on the stores? Then they announce record profits. Hmmm, sounds like the gas companies to me.

I hope Meg's hair falls out.

ROFL - esp. about the hair falling out - that's too funny to leave alone... :mrgreen: :mrgreen: :psulove:
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