posted on July 19, 2001 01:46:51 PM new
SAN JOSE, Calif., July 19 (Reuters) - Internet auction site eBay Inc. (NasdaqNM:EBAY - news) on Thursday reported a second-quarter profit, saying its online trading site remained popular with consumers and businesses during the economic downturn.
EBay said it earned $24.6 million, or 9 cents per diluted share, in the quarter. On a pro forma basis, excluding unusual costs, eBay said it earned $33.5 million, or 12 cents per diluted share, in the quarter, up 235 percent from year-ago pro forma income.
Analysts were expected earnings of 9 cents per share, according to research firm Thomson Financial/First Call.
``We're seeing sustained growth across categories, trading formats, and in our international operations,'' eBay Chief Executive Meg Whitman said in a statement.
EBay said its revenues rose to $180.9 million from $98.2 million in the year-ago quarter. Revenues were well above most analyst forecasts for second-quarter sales of abut $165 million.
