Businessweek

ProFlowers(R) is launching a ProFlowers branded store on eBay.com. eBay customers now have the opportunity to order fresh flowers at Stores.ebay.com/ProFlowers. The new ProFlowers eBay storefront features a broad assortment of fresh flowers, plants and product bundles including vases and chocolates. Customers can choose the date of delivery, and ProFlowers will ship the flowers so they arrive fresh on the selected date. Buyers can also include a personalized card message with the flowers, for free. The store also prominently features a deal of the week specially priced bouquet and vase.

eBay Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company announced net revenues of $3,748 million compared to $3,277 million for the same period a year ago. Income from operations was $800 million compared to $653 million for the same period a year ago. Income before income taxes was $809 million compared to $684 million for the same period a year ago. Net income was $677 million or $0.51 per diluted share compared to $570 million or $0.44 per basic and diluted share for the same period a year ago. Net cash provided by operating activities was $937 million compared to $531 million for the same period a year ago. Purchases of property and equipment were $299 million compared to $242 million for the same period a year ago. Non-GAAP operating income was $1,025 million compared to $883 million for the same period a year ago. Non-GAAP net income was $829 million compared to $725 million for the same period a year ago. Non-GAAP diluted net income per share was $0.63 compared to $0.55 for the same period a year ago. Free cash flow was $638 million compared to $289 million for the same period a year ago. The year-over-year increase in first quarter GAAP and non-GAAP earnings per diluted share was driven primarily by strong top-line growth. The company provided earnings guidance for the second quarter ending June 30, 2013 and full year ending December 31, 2013. For the second quarter, the company expects to report GAAP and Non-GAAP net revenue between $3,800 million and $3,900 million, GAAP diluted earnings per share between $0.46 and $0.48 and Non-GAAP diluted earnings per share between $0.61 and $0.63. Estimated non-GAAP amounts for the three months ending June 30, 2013, reflect adjustments that exclude the estimated amortization of acquired intangible assets of approximately $95 million to $105 million, estimated stock-based compensation expense and employer payroll taxes on stock-based compensation expense of approximately $145 million to $155 million, and the accretion of a note receivable of approximately $5 million as well as the related tax impact. For the full year, the company expects to report GAAP and Non-GAAP net revenue between $16,000 million and $16,500 million, GAAP diluted earnings per share between $2.23 and $2.29 and Non-GAAP diluted earnings per share between $2.70 and $2.75. Estimated non-GAAP amounts for the twelve months ending December 31, 2013, reflect adjustments that exclude the estimated amortization of acquired intangible assets of approximately $380 million to $400 million, estimated stock-based compensation expense and employer payroll taxes on stock-based compensation expense of approximately $560 million to $600 million, and the accretion of a note receivable of approximately $20 million as well as the related tax impact.

Acme Tools announced the opening of its new eBay store. The new Acme Tools eBay store offers more than 35 tool and equipment categories including power tools and accessories, outdoor power equipment and hand tools, and more than 300 brands and 8,000 products from such manufacturers as DeWalt, Milwaukee, Makita, Bosch, Irwin, Jet, Bostitch and Husqvarna.

eBay Inc., Q1 2013 Earnings Call, Apr 17, 2013

eBay Inc. provided earnings guidance for the full year 2015. Total company revenues are expected to reach $21.5 billion to $23.5 billion in 2015, up from $14.1 billion in 2012, led by continued innovation in the company's core businesses and the company's mobile commerce leadership. The company expects compound annual non-GAAP earnings per share growth of 15%-19% from 2012 to 2015. Free cash flow is anticipated to be greater than $11 billion over the three-year period. Marketplaces is expected to achieve revenues of $10.5 billion to $11.5 billion in 2015, representing a 14% compound annual growth rate at the midpoint.