EBay third quarter revenue of $2 billion 649 million, net profit of $721 million

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 EBay third quarter revenue of $2 billion 649 million, net profit of $721 million


Major financial data for the third quarter

Revenue was $2 billion 649 million, compared with $2 billion 498 million in the same period last year, an increase of 6% over the same period last year.

GAAPs net profit from continuing operations was $720 million, up 38% from the same period last year to $520 million.

GAAPs diluted earnings per share from continuing operations were $0.73, up 52% from $0.48 a share in the same period last year.

Non-GAAPs net profit from continuing operations was $554 million, up 8% from the same period last year to $511 million.

Non-GAAPs diluted earnings per share from continuing operations were $0.56, up 19% year-on-year from $0.47 a share in the same period last year.

Other financial data for the third quarter

GAAP operating profit margin was 21.0%, 23.0% in the same period last year; non-GAAP operating profit margin was 26.4%, 28.4% in the same period last year.

The GAAP effective tax rate was 24.1%, compared with 25.0% in the same period last year; the non-GAAP effective tax rate was 15.4%, compared with 22.8% in the same period last year.

Operating cash flow is US $560 million and free cash flow is US $380 million.

By the end of the quarter, total cash, cash equivalents and non securities investments amounted to 9 billion US dollars.

Performance outlook

2018 fiscal year fourth quarter:

Revenues will range from $2 billion 850 million to $2 billion 890 million. GAAP diluted earnings per share will be between $0.87 and $0.92. Non-GAAP diluted earnings per share will be between $0.67 and $0.69. Fiscal year 2018: revenue will range from $10 billion 720 million to $10 billion 760 million. GAAP diluted earnings per share will be between $2.62 and $2.67. Non-GAAP diluted earnings per share will be between $2.29 and $2.31. (author: EditorAI) source: NetEase science and technology report editor: Wang Fengzhi _NT2541

Revenues will range from $2 billion 850 million to $2 billion 890 million.

GAAP diluted earnings per share will be between $0.87 and $0.92.

Non-GAAP diluted earnings per share will be between $0.67 and $0.69.

Fiscal year 2018:

Revenues will range from $10 billion 720 million to $10 billion 760 million.

GAAP diluted earnings per share will be between $2.62 and $2.67.

Non-GAAP diluted earnings per share will be between $2.29 and $2.31. (author: EditorAI)