eBay Inc. Announces First Quarter 2005 Financial Results; Company
     Reports Record Q1 Net Revenues of $1.032 Billion; Achieves Q1
     GAAP Diluted EPS of $0.19 and Pro Forma Diluted EPS of $0.20;
     Raises 2005 Net Revenues, Operating Margin and EPS Guidance
     - Apr 20, 2005 04:15 PM (BusinessWire)

SAN JOSE, Calif.--(BUSINESS WIRE)--April 20, 2005--eBay Inc.
(Nasdaq:EBAY) ( www.ebay.com ), the World's Online Marketplace, reported
financial results for its quarter ended March 31, 2005.


eBay reported record consolidated Q1-05 net revenues of $1.032
billion, up 36% year over year; operating income of $335.6 million, up
26% year over year, representing a 33% operating margin; and pro forma
operating income of $367.4 million, up 28% year over year,
representing a 36% pro forma operating margin.


Consolidated net income in Q1-05 was $256.3 million, or $0.19 per
diluted share. eBay's pro forma consolidated net income, excluding
certain items, was $275.5 million, or $0.20 per diluted share.


These results exceeded the high end of the company's guidance of
$1.030 billion for net revenues, $0.17 for earnings per diluted share,
and $0.18 for pro forma earnings per diluted share. These results and
guidance reflect the two-for-one split of all outstanding shares of
eBay's common stock, which was effective in Q1-05.

...

     - http://finance.lycos.com/home/news/story.asp?story=48511251


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