eBay has reported net revenues of $1.449 billion for the third quarter of 2006. eBay has announced 31% year over year growth rate in the revenues.


eBay has reported net revenues of $1.449 billion for the third quarter of 2006. eBay has announced 31% year over year growth rate in the revenues.

eBay Q3 2006 Financial Results Data

– GAAP operating income – $339 million (a decrease of 5% year over year)

– Non-GAAP operating income – $464 million (18% year-over-year increase)

– GAAP net income in Q3 2006 – $281 million

– Non-GAAP net income in Q3 2006 – $367million

– Marketplaces net revenues – $1.049 billion

– eBay’s users generated a total of 584 million new listings in Q3-06

– PayPal net revenues in Q3 2006 – $350 million

– Skype net revenues in Q3 2006 – $50 million.

eBay expects net revenues for Q4 2006 to be in the range of $1.615 billion to $1.675 billion and net revenues for the year 2006 in the range of $5.865 billion to $5.925 billion.

Meg Whitman, President and CEO, eBay, said: “Q3 was a very good quarter for the company and a continuation of the strong earnings growth we delivered throughout the first half of the year,

As our results demonstrate, we are executing on our strategy to grow our Marketplaces, PayPal and Skype businesses individually, and collectively to deliver greater value to our community of users and to our shareholders”. [source]

About eBay

eBay is an online marketplace that enables trade on a local, national and international basis. eBay offers an online platform where millions of items are traded each day.

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