EBay first quarter revenue of $2 billion 580 million, net profit of $407 million

category:Internet
 EBay first quarter revenue of $2 billion 580 million, net profit of $407 million


Major financial data for the first quarter Revenue was $2 billion 580 million, compared with $2 billion 303 million in the same period last year, an increase of 12% over the same period last year. GAAP net profit from continuing operations was $407 million, compared with net profit of $1 billion 35 million in the same period last year, down 61% from the same period last year. GAAP diluted earnings per share from continuing operations amounted to $0.40 per share, compared with a profit of $0.94 per share for the same period last year, down 57% from the same period last year. Non-GAAP net profit from continuing operations was $548 million, compared with net profit of $538 million in the same period last year, an increase of 2% over the same period last year. Non-GAAP diluted earnings per share from continuing operations amounted to $0.53 per share, compared with a profit of $0.49 per share for the same period last year, an increase of 8% over the same period last year. Other financial data in the first quarter GAAP operating profit margin was 22.5%, compared to 23.7% in the same period last year. Non-GAAPs operating profit margin was 27.9%, compared to 28.9% last year. GAAP effective tax rate was 25.6%, compared to -85.4% last year. The effective tax rate of Non-GAAP was 20.4%, compared to 18.7% last year. Operating cash flow is US $500 million and free cash flow is US $340 million. By the end of the quarter, total cash, cash equivalents and non securities investments amounted to 9 billion 800 million US dollars. Performance outlook The second quarter of fiscal 2018: Revenues will range from $2 billion 640 million to $2 billion 680 million. GAAP diluted earnings per share will be between $0.33 and $0.37. Non-GAAP diluted earnings per share will be between $0.50 and $0.52. Fiscal year 2018: revenue will range from $10 billion 900 million to $11 billion 100 million. GAAP diluted earnings per share will be between $1.65 and $1.75. Non-GAAP diluted earnings per share will be between $2.25 and $2.30. (author: EditorAI) source: NetEase science and technology report editor: Wang Fengzhi _NT2541 Revenues will range from $2 billion 640 million to $2 billion 680 million. GAAP diluted earnings per share will be between $0.33 and $0.37. Non-GAAP diluted earnings per share will be between $0.50 and $0.52. For the whole year of fiscal year 2018: Revenues will range from $10 billion 900 million to $11 billion 100 million. GAAP diluted earnings per share will be between $1.65 and $1.75. Non-GAAP diluted earnings per share will be between $2.25 and $2.30. (author: EditorAI)