Online auctioneer eBay has reported another quarter of sales and earnings growth, a rarity in Internet businesses.
The company said it saw second quarter earnings of $54.3 million, or 19 cents per share. In the same quarter last year, the company reported $24.6 million in earnings, or nine cents a share.
Revenues for the company jumped to $266.3 million from $180.9 million a year ago. The company reported membership had now hit a record 49.7 million registered users.
It also said net revenues from international operations totaled $64.3 million in the second quarter, a 148% year-over-year growth rate.
'The strength of our transaction business allowed us once again to deliver record revenues and record profitability,' said eBay CEO Meg Whitman in a statement.
'These results demonstrate that our continued focus on expanding the eBay marketplace is accelerating the company's growth around the world.'
