eBay Sees 16% Revenue Increase for the Fourth Quarter

eBay Reports Financial Results

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eBay has reported its financial results for the fourth quarter, and with revenue for the quarter at $2.4 billion, up 16% from the same period in 2008. That includes revenue of $112.0 million from Skype for the period that eBay fully owned it. Excluding Skype from the fourth quarter of 2008 and the fourth quarter of 2009, revenue growth would have been 19%.

eBay says the year-over-year increase was due primarily to excellent growth in PayPal and StubHub, as well as improvement in growth rates in the core eBay business and a positive impact from foreign currency movements.

The company recorded net income on a GAAP basis of $1.4 billion or $1.02 per diluted share, and non-GAAP net income of $585.8 million or $0.44 per diluted share for the fourth quarter of 2009.

eBay Financial Highlights

"We delivered a strong fourth quarter with double-digit revenue growth driven by exceptional performance at PayPal and turnaround progress and momentum in our core eBay business," said eBay President and CEO John Donahoe. "PayPal significantly expanded its presence globally and, for the first time, processed more than $20 billion in total payment volume in a quarter. Gross merchandise volume and sold items accelerated for the third consecutive quarter. We are starting 2010 with significant progress against our three-year growth strategies for PayPal and eBay and a clear focus on our priorities going forward."

eBay generated $770.6 million of operating cash flow and $597.7 million of free cash flow during the fourth quarter. If you really want to nitpick and get into all of the details, you can do so here. A balance sheet and various statements are provided.

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eBay Sees 16% Revenue Increase for the Fourth Quarter
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  • http://www.colema.org/buy.html Buy Colema

    This could mean the recession is coming to an end. Great News for my colema board business.

  • Guest

    all come from increases to the millions of little guys trying to hang on who desparately need income. 30 to 40% of sale price with all the other pressures like free shipping, they truly are going to kill the golden goose. The internet once was an opportunity now it is joining the rich companies and next it will belong to NBC! Microsift tried and may get it yet. too bad such a shame and as usula the little guys loose.

  • http://www.1ebaystoredesign.com 1 Dynamic Design

    I am so happy to hear that revenue has increased on eBay!
    Working at home on eBay is my full-time job.
    I have been selling on eBay since 2006.

    I now custom design and market eBay Stores to help
    others to get started. Looks like the economy is finally
    picking up which is a great sign for us all! =)


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