Archive for the ‘Finance Info’ Category
eBay Earned $ 684 Million
The eBay company announced fiscal fourth quarter a net profit of 684 million dollars, which represented 17% more than the same period in 2009 if we exclude the sale of Skype.
These results exceed analysts’ forecasts of FactSet Research, who expected a profit of 47 cents per share, compared to revenues of 2,480 million.
John Donahoe, president and CEO of eBay, said the strong growth in its electronic payment service PayPal, which recorded a turnover of 26,900 million dollars in the last quarter, of which nearly half is generated outside the United States .
In regard to the total of 2010, eBay had revenues of 9,200 million dollars and a net profit of 2,300 million, with earnings per share of 1.76 cents.