Online marketplace eBay Inc reported a 71 per cent increase in consolidated net revenues for the third quarter ended 30 September 2001. These totalled $194.4m, upfrom the $113.4m generated in the same period last year. Consolidated net income for the quarter was $18.8m, or $0.07 per diluted share.

"In these extraordinary times, we continue to be impressed by the strength and resiliency of our user community," said Meg Whitman, president and CEO of eBay. "We're continuing to see sustained growth across our US and international markets, deeper penetration into many vertical categories and expanded adoption of our fixed price trading formats."

Based on eBay's current outlook, including consideration of the changing economic environment and some diversion of trading activity to its "Auction for America" effort, the company now believes that Q4-01 net revenues could approximate $200-210m, or about $5m higher than its previous financial guidance.