eBay received $ 280.9 million in net profit in the third quarter
In the 3rd quarter of 2006, the net profit of the American Internet auction site eBay was $ 280.9 million, an increase of 10%, Prime-TASS reports. The company's revenues grew by 31% over the period (compared to the same period in 2005), reaching $ 1.45 billion. Earnings per share were $ 0.2 versus $ 0.18 a year earlier.
Profit excluding non-recurring items of income and expenses amounted to $ 367 million or $ 0.26 per share. Analysts predicted this figure only at $ 0.24 per share.
According to the company's forecasts, in the 4th quarter eBay will make a profit of $ 0.21-0.22 per share, and revenues will be $ 1.616-1.675 billion. Analysts' forecasts are higher - this is $ 0.29 and $ 1.66 billion in revenue.