EBay rings up higher profit, looks for even better Q4
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San Jose-based Internet auction site eBay, Inc., says it had net income of $182.3 million or 27 cents per diluted share on revenues of $805.
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Tiffany & Company reported a 23 percent increase in earnings yesterday on higher sales and it increased its profit forecast for the year because of expected holiday demand.
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Broad and strong revenue growth drove Oracle Corp. to higher profit in the fourth quarter and the company's full 2007 fiscal year.
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Google reported today that its fourth-quarter profit nearly tripled from a year ago as the world's most popular search engine continued to expand its dominant role on the Web, especially in the highly lucrative area of online advertising.
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Online marketplace eBay Inc.  EBAY.O said  on Wednesday quarterly profit rose 44 percent,  helped by growth in its PayPal service, and announced a  two-for-one stock split.
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EBay Inc.  on Wednesday posted a 50 percent rise in net profit on strength in its auction and PayPal units but left its 2007 outlook little changed, resisting investors who clamored for more.
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U.S. firms pushed online ad revenues to new heights for the fourth consecutive year.
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EBay, the world's largest online marketplace, today posted a quarterly profit that rose 77 percent from a year ago, fueled by growth in its international and PayPal businesses.
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Lucent Technologies yesterday posted higher fiscal fourth- quarter earnings, helping lift the telecommunications equipment maker to its first profitable year since 2000.
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Google Wednesday reported strong increases in fourth-quarter and full-year sales and profits that topped Wall Street forecasts thanks to robust growth in online advertising.
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That's two days of iPhone sales eBay today reported a 50 per cent increase in net profit, with its Marketplace, PayPal, and Skype businesses all showing growth.â¦
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The company said it earned $52 million in the fourth quarter on strong U.S. and international sales. Its shares climbed more than 7 percent in morning trading.
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Better margins yield much-improved earnings.
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EBay Inc.  on Wednesday posted a 50 percent rise in net profit on strength in its core auction and payments businesses, but left its 2007 outlook unchanged, defying Wall Street's hopes for a boost.
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EBay Inc said on Wednesday it had  a strong quarterly performance in auctions, masked by a big net  loss due to a write-down, and that its full-year earnings would  be at the top end of expectations.
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The company said quarterly profit would be higher than analystsâ estimates and it raised its full-year outlook as exchange rates and price and volume increases offset high commodity costs.
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EBay Inc., the world&#39;s largest Internet auctioneer, said third-quarter earnings surged 77 percent as the number of listings rose and the company expanded its PayPal e-mail payment service in Europe.