Cash flow - The company generated $582 million of operating cash flow from continuing operations and $447 million of free cashįlow from continuing operations during the first quarter of 2017.Rate for continuing operations for the first quarter of 2017 was 18.7%, compared to 20.4% for the first quarter of 2016. Income tax benefit related to a legal structure realignment, primarily impacting its foreign Classifieds platforms, compared to 18.4% for the first quarter of 2016. Taxes - The GAAP effective tax rate for continuing operations for the first quarter of 2017 was (85.5)%, driven by a $695 million.Non-GAAP operating margin decreased to 30.0% in the first quarter of 2017, compared to 33.4% for the same period last year. Operating margin - GAAP operating margin decreased to 24.6% for the first quarter of 2017, compared to 28.7% for the same period.
Other Selected Financial and Operational Results
#Sava yahoo finance full#
TheĬompanies will also exclusively pursue cross-border trade opportunities together.įirst Quarter and Full Year 2017 Financial Highlights (presented in millions, except per share data and percentages)Įarnings per diluted share from continuing operations In exchange for an equity stake, eBay will make a $500 million cash investment in and sell its eBay.in business to Flipkart. The eBay Marketplace platform across multiple regions.ĮBay recently announced a strategic agreement with Flipkart. Official ticket resale marketplace for the Los Angeles Angels and Toronto Blue Jays, offering pricing guidance for sellers and panoramic 360-degree virtual view-from-seats for buyers.Ĭlassifieds continued to enhance user experiences across its platforms, including launching a personalized homepage feed on, as well as expanding its inventory integration with Millions of eligible items that arrive in three days or less, and an authentication program to boost consumer confidence when purchasing high-end merchandise. The company also began the roll out of a new, personalized homepage and announced new services that will be available later this year, including a Guaranteed Delivery program on Marketplace launched several new consumer experiencesīuilt on the foundation of its structured data efforts, coupled with continued investment in brand advertising, including the launch of a billboard and radio campaign across the United In the first quarter, eBay added two million active buyers across its platforms, for a total of 169 million global active buyers. Classifieds had another quarter of strong growth delivering revenue of $199 million, up 7% on an as-reported basis and 10% on anįX-Neutral basis with strength across its German platforms. Markets with the integration of the Ticketbis acquisition. StubHub drove GMV of $916 million, up 6%, and revenue of $210 million, up 18% on an as-reported basis and 19% on an FX-Neutral basis, aided by strength in international Marketplace GMV was up 2% on an as-reported basis and 5% on anįX-Neutral basis, driven by growth of active buyers, continued expansion of new user experiences and brand advertising, which led to revenue growth of 2% on an as-reported basis and 5% on anįX-Neutral basis. performance, the Marketplace platforms delivered $20.0 billion of GMV and $1.8 billion of revenue. The right path as we continue to evolve our shopping platform for consumers, leverage our technology advantages and market a sharpened eBay brand globally." business," said Devin Wenig, President and CEO of eBay Inc. "The first quarter was a strong start to the year with accelerating growth in active buyers, revenue and our core U.S. The company also repurchased $350 million During the quarter, the company generated $582 million of operating cash flow and $447 million of free cash flow from continuing operations. Non-GAAP net income from continuing operations was $538 million, or $0.49 per diluted Revenue for the quarter was $2.2 billion, up 4% on an as-reported basis and 7% on an FX-Neutral basis.ĭuring the quarter, eBay delivered GAAP net income from continuing operations of $1.0 billion, or $0.94 per diluted share, driven by a non-cash $695 million income tax benefit related to theĬontinued realignment of its legal structure, primarily impacting its foreign Classifieds platforms.
(NASDAQ: EBAY), a global commerce leader, delivered gross merchandise volume (GMV) for the quarter ended March 31, 2017 of $20.9 billion, increasing 2% on an as-reported basisĪnd 5% on a foreign exchange (FX) neutral basis.
0 kommentar(er)
