eBay Motors and eBay.com made a small but significant enhancement to the share functionality on listings this week. Until now, the only sharing capabilities provided on individual listings was via email. In an age of tweeting, online nudging, poking, digging and blogging it is nice to see that Facebook and Twitter have been added to the list. (More …)
Posts From: October, 2009
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FEATURED POSTadmin / Wednesday, October 21st, 2009
Newsroom Bluebox – October 2009
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FEATURED POSTadmin / Wednesday, October 21st, 2009
Newsroom – October 2009

Wednesday, October 21, 2009
eBAY INC. REPORTS THIRD QUARTER 2009 RESULTS
San Jose, Calif., Oct. 21, 2009 — eBay Inc. (Nasdaq: EBAY) today reported financial results for the third quarter ended September 30, 2009. The e-commerce company posted third-quarter revenue of $2.2 billion, up $120.3 million from the same period last year. The year-over-year revenue growth was driven primarily by the continued growth in PayPal, Skype, the company’s classifieds business as well as growth in eBay’s fixed-price format. The company recorded net income on a GAAP basis of $349.7 million or $0.27 per diluted share, and non-GAAP net income of $501.5 million or $0.38 per diluted share.
GAAP operating margin decreased to 19.8% for the quarter, compared to 24.7% for the same period last year. Non-GAAP operating margin decreased to 28.4% for the quarter, compared to 31.8% for the same period last year. The decrease in operating margins was caused primarily by the recently acquired Bill Me Later, the weaker U.S. dollar, and the company’s continuing shift to faster growing, lower margin businesses, partially offset by cost controls.
eBay Inc. generated $738.2 million of operating cash flow during the third quarter. Free cash flow during the quarter was $563.5 million.
“Our third quarter results were strong with PayPal gaining momentum and market share worldwide and our core eBay business showing positive trends,” said eBay Inc. President and CEO John Donahoe. “We’re delivering on our commitments, executing on our plans and operating smarter and faster.”
Financial Highlights
(presented in millions, except per share data and percentages)
Third Quarter 2008 (Q3) 2009 (Q3) Change Net Revenue $2,118 $2,238 120 6% GAAP Net income $492 $350 ($142) (29%) Earnings (loss) per diluted $0.38 $0.27 ($0.11) (29%) Non-GAAP Net income $592 $502 ($91) (15%) Earnings per diluted share $0.46 $0.38 ($0.07) (16%) Complete financial and operating metrics for Q3FY09 are available in the press release.
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FEATURED POSTRichard Brewer-Hay / Monday, October 12th, 2009
An Unexpected Hiatus

I’m taking a bit of a timeout with this particular blog post to step away from all things eBay and share something personal with you all. There is no eBay Inc.-related news in this post so you can stop reading now if you wish…Last week my Grandpa, a man I’ve loved since before the day I knew what that meant, passed away at the ripe old age of 94. Anyone who knew Jack Newbould would say the same thing; he was truly an amazing, artistic and thoughtful man, and – even in his nineties – a “young soul” that loved his family and loved his music. I will be traveling back to England to be with family and say goodbye to my Grandpa later this week. It will be a celebration of sorts… a celebration of the gift we all got in knowing him and for me, the honor of being able to call him Grandpa… he really was a “Grand Father” in every sense of the word. (More …)



Q3FY09 Earnings Press Release



