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EBay ups FY guidance, approves USD 2.5 bln buyback programme

Thursday 21 July 2016 | 11:38 CET | News
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Online retailer eBay raised its revenue guidance for the full year and approved an additional USD 2.5 billion share buy-back programme. The company now sees revenues for the year at USD 8.85-8.95 billion, up 5-6 percent at constant currency, from its previous guidance of 8.6-8.8 billion, up 3-5 percent. For the third quarter, net revenues is forecast at USD 2.16-2.19 billion, up 6-7 percent at constant currency, with adjusted EPS from continuing operations at USD 0.42-o.44 and EPS from continuing operations at USD 0.35-0.37.

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Categories: Internet
Companies: Ebay
Countries: World
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