Business Services Industry
Quarterly Earnings at Online Auction Firm eBay Exceed Estimates.(Knight Ridder/Tribune Business News)
Knight Ridder/Tribune Business News, July, 2000 by Tessler, Joelle
Jul. 26--Online auction company eBay Inc. reported second-quarter earnings that beat analysts' projections, thanks to robust growth in its user base and the number of auctions conducted through its site.
The latest numbers were little surprise to analysts, who have come to expect consistent earnings and revenue growth from San Jose-based eBay, one of the only e-commerce companies that is profitable. "It was a solid quarter," said Wit Soundview analyst Ryan Alexander.
eBay reported earnings of $13.2 million, or five cents a diluted share, on $97.4 million in revenue for the second quarter. The earnings beat Wall Street's three-cents-a-share consensus estimate. The results were also well above the $5.1 million, or two cents a diluted share, that eBay...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
