eBay has announced financial results for the second quarter of 2006. Net revenues for the second quarter were $1.4 billion.


eBay has announced financial results for the second quarter of 2006. Net revenues for the second quarter were $1.4 billion.

Additional points to note include:

– There was a 30% year over year growth in net revenues.

– GAAP operating income was $311 million, which represents a 22% operating margin.

– Non-GAAP operating income was $460 million, which represents a 33% operating margin.

– GAAP net income was $250 million, representing $0.17 earnings per diluted share.

– Non-GAAP net income was $351 million, representing $0.24 earnings per diluted share.

– eBay’s cash and marketable securities reached $4 billion as of June 30, 2006.

LINKS:

For more information on eBay’s Q2 financial results, click here.

To visit eBay, click here.