eBay Inc. Reports Second Quarter 2009 Results

3 Permanent link to eBay Inc. Reports Second Quarter 2009 Results eBay Inc. Reports Second Quarter 2009 Results

FEATURED POSTRichard Brewer-Hay / Wednesday, July 22nd, 2009

eBay Inc. Reports Second Quarter 2009 Results

eBay reported second quarter 2009 earnings results a few minutes ago. Second quarter revenue was $2.10 Billion (a $97.7 million decrease year-over-year) . Net income on a GAAP basis was $327.3 million ($0.25 per diluted share), and non-GAAP net income was $478.6 million ($0.37 per diluted share).

eBay Inc. generated $730.7 million of operating cash flow during Q2 and free cash flow during the quarter was $602.3 million.

I will once again live-blog the earnings call on our Twitter feed (http://twitter.com/ebayinkblog) at 2pm PT this afternoon. You can follow along to the earnings call here.

Cheers,
RBH
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Candy / July 22nd, 2009 at 1:32 pm

Thank you Richard – its spreading all over the internet like wildfire. Ebay had a 29 percent decline for the second quarter.

Ray / July 22nd, 2009 at 3:10 pm

(NOTE: I am a current eBay employee…)

“However, the report also showed that trends in the marketplace business may be starting to turn. Shares of eBay /quotes/comstock/15*!ebay/quotes/nls/ebay (EBAY 20.30, +0.85, +4.37%) rose 3% in after-hours trading following the report. The company also gave a forecast that was higher than the targets set by Wall Street.

“The results look in line with expectations; the positive thing is we are definitely seeing some stabilization in the core marketplace business,” said Aaron Kessler of Kaufman Bros. ”

“The number of active registered users grew 8% from the first quarter. ”

THAT is good news! The share holders seem to like the news as well!

Candy / July 22nd, 2009 at 3:43 pm

“we are definitely seeing some stabilization in the core marketplace business”

They evidentally aren’t looking where I’m looking. Everyone I know is complaining about lack of sales in core. Most are no longer bothering to list. If that was the goal then its a success ;-)

eBay Inc. Reports Second Quarter 2009 Results

Candy / July 22nd, 2009 at 1:32 pm

Ray / July 22nd, 2009 at 3:10 pm

Candy / July 22nd, 2009 at 3:43 pm

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