ebay's net revenue for the second quarter was 4.366 billion dollars, up 13% year-on-year.

Absrtact: July 17, U.S. electric business giant EBay released its second-quarter financial results for fiscal year 2014 today. The report showed that ebay's net revenue for the second quarter was $4.366 billion trillion, up 13% from $3.877 billion a year earlier, and a net profit of 676 million dollars, compared with 640 million in the same period last year.

July 17, the U.S. electric business giant ebay today released its second-quarter fiscal year 2014. The report showed that ebay's net revenue for the second quarter was $4.366 billion, a 13% increase from $3.877 billion a year earlier, and a net profit of 676 million dollars, up 640 million from the same period last year.

In the quarter ended June 30, ebay's net revenue was $4.366 billion trillion, up 13% from $3.877 billion a year earlier.

According to the business sector, ebay's second-quarter online auction Service net revenue of 2.174 billion U.S. dollars, compared with the same period last year, 2.001 billion U.S. dollar growth of 9%. ebay's online auction platform has a total turnover of $20.485 billion in the second quarter, up 12% from $18.292 billion a year earlier. ebay's net revenue for the second quarter, PayPal, was $1.946 billion trillion, up 20% from $1.624 billion a year earlier. PayPal's total payment in the second quarter was $55.046 billion trillion, up 29% from $42.813 billion a year earlier.

Costs and expenses:

ebay's second-quarter revenue cost was $1.392 billion trillion, up from $1.211 billion a year earlier. ebay's second-quarter gross profit (the difference between revenue and revenue costs) was $2.974 billion trillion, up from $2.666 billion a year earlier.

ebay's total operating expenses for the second quarter were $2.18 billion trillion, up from $1.916 billion a year earlier. which， Sales and marketing expenditures for the second quarter were 914 million dollars, higher than last year's 771 million dollar, product development spending of 500 million U.S. dollars, higher than the same period last year 451 million U.S. dollars, general services and administration expenditure of 461 million U.S. dollars, higher than the same period of last year's 419 million U.S. dollars, trading and loan loss reserves of 232 million U.S. dollars, higher than the same period of 193 million dollars; Expenditure on amortization of assets was $73 million trillion, lower than the 82 million dollars of the same period last year.

Profit：

Under U.S. GAAP, ebay's net profit for the second quarter was $676 million trillion, up 6% from $640 million a year earlier; According to US GAAP, ebay's quarterly earnings per share was $0.53 trillion, up 0.49 from the same period last year. Without the US GAAP, ebay's net profit for the second quarter was $868 million trillion, up 6% from 822 million trillion in the same period last year; not according to US GAAP, ebay's quarterly earnings for the second quarter were $0.69 trillion, up 0.63 from the same period last year.

ebay's earnings per share slightly exceeded analysts ' expectations after the second-quarter adjustment, but revenues were slightly less than expected. Analysts expect ebay's earnings per share (not in accordance with US GAAP) to be 0.68 U.S. dollars, with a revenue of $4.4 billion, according to a FactSet survey of financial information suppliers. As a effect, ebay's share price edged up more than 1% per cent in trading in the New York market.

Other Financial information:

ebay's operating profit for the second quarter was $794 million, up from $750 million a year earlier, with an operating profit margin of 18.2%, down from 19.3% in the same period last year.

ebay's effective tax rate for the second quarter was 15.8%, up from 15.3% in the same period last year.

ebay's second-quarter operating cash flow was $1.5 billion trillion, with free cash flow of $1.2 billion.

Ebay bought 32.4 million common shares in the second quarter, with a total repurchase price of about $1.7 billion. As of June 30, 2014, the total value of ebay's remaining authorized repurchase shares was about USD 2.2 billion.

As of June 30, 2014, ebay's holdings of cash, cash equivalents and non-equity investments amounted to $12.4 billion, down from $12.8 billion as at December 31, 2013.

Performance Outlook:

Ebay expects net revenues of $4.3 billion to $4.4 billion in the third quarter of fiscal year 2014, and in the third quarter, according to U.S. General accounting standards, earnings per share is expected to be $0.51 to 0.53 dollars; The third quarter is expected to be 0.65 US dollars to 0.67 dollars per share of earnings, according to US GAAP.

Ebay expects net revenue for fiscal 2014 to be $18 billion to $18.3 billion trillion, and in accordance with U.S. general accounting standards, the diluted earnings per share is expected to be 0.04 US dollars to 0.09 dollars in fiscal year 2014, and not in accordance with US GAAP, the diluted earnings per share in fiscal year 2014 is expected to be 2.95 US dollars to

Stock price change:

On that day, ebay fell 0.12 U.S. dollars in regular trading in the Nasdaq market, at $50.70, or 0.23%. ebay's shares rose 0.70 U.S. dollars to 51.40 U.S. dollars, or 1.38%, in a subsequent trading transaction up to 16:47 (4:47 Beijing time, 17th). Over the past 52 weeks, ebay's highest share price was $59.70, with a minimum price of $48.06. Snow）