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eBay Earnings Call, Second Quarter 2008
Author: Maclintosh Kuhlengisa
123jump.com
Last Update: 12:31 AM ET July 20 2008

The provider of Internet platforms for global commerce, payments and communications realized revenues of $2.2 billion, up 20% from $1.8 billion in 2007 as growth was propelled by the high growth PayPal merchant services, classifieds, advertising, and Skype. As a result, earnings were up 25% to $460 million or 35 cents a share. Diversification efforts have resulted in the firm having a healthy portfolio of businesses today that is far less dependent on a single stream of revenue.

 

 

 
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