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eBay Earnings Call, Third Quarter 2008 |
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Author: Rozalina Destanova
123jump.com
Last Update: 6:02 AM ET December 02 2008
Revenue was $2.12 billion, up $228 million from the last year. Combined businesses generated net revenues of $2.1 billion, a 12% increase over last year. The company generated free cash flow of $543 million, an increase of 6% from last year primarily driven by earnings expansion while CapEx as a percentage of revenues came in at 7%. For Q4 eBay predicts earnings of 39 cents to 41 cents a share, excluding charges, with revenue expected to come in between $2.02 billion and $2.17 billion. |
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