eBay issued its Q1 08 earnings results today showing healthy advances in revenue and net income but weak growth in active eBay users and a 1% drop in gross merchandising volume.
eBay's communications arm, which almost solely consists of VoIP provider Skype, posted relatively healthy gains in users during the quarter and reasonably acceptable growth in revenue. During the quarter Skype added 33 million net new registered users, while revenue grew to $126 million, growth of $11 million sequentially.
Not too shabby but certainly not what eBay had expected when it plunked down $2.6 billion for the PC-to-PC voice pioneer. To get a spreadsheet that details historical subscriber and revenue data for Skype, go to our new corporate website, which features a "database dynamics" section that offers data to registered users at no charge. (Sorry you have to register, but the spreadsheets are free.)
Cynthia Brumfield at 8:01 PM|Comments(1)
Here's my analysis of where eBay needs to go:
http://sramanamitra.com/2008/04/17/not-bullish-on-ebay/
Posted by: Sramana Mitra at April 17, 2008 1:57 PM
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