Ebay News 2001 7 19 Earnings

eBay reported record quarterly net revenues of $180.9 million for Q2 2001, an 84% increase over the same period last year. Pro forma earnings per share were $0.12. Gross merchandise sales on the platform reached $2.25 billion, up 74% year-over-year. Registered users increased 15% over Q1 2001 to 34.1 million. Based on strong performance, eBay raised its financial guidance for the remainder of 2001, expecting net revenues between $385-400 million and pro forma EPS of $0.21-0.22.