eBay Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported net revenues of $2,613 million against $2,395 million a year ago. Income from operations was $663 million against $638 million a year ago. Income from continuing operations before income taxes was $561 million against $2,004 million a year ago. Loss from continuing operations was $2,597 million or $2.51 per basic and diluted share against income $5,948 million or $5.31 per diluted share a year ago. Net loss was $2,601 million or $2.51 per basic and diluted share against net income of $5,936 million or $5.30 per diluted share a year ago. Net cash provided by operating activities was $988 million against $620 million a year ago. Purchases of property and equipment were $192 million against $136 million a year ago. Non-GAAP operating income was $808 million against $764 million a year ago. Non-GAAP operating income from continuing operations was $145 million against $126 million a year ago. Non-GAAP net income from continuing operations was $618 million or $0.59 per diluted share against $601 million or $0.54 per diluted share a year ago.

For the year, the company reported net revenues of $9,567 million against $8,979 million a year ago. Income from operations was $2,265 million against $2,325 million a year ago. Income from continuing operations before income taxes was $2,276 million against $3,651 million a year ago. Loss from continuing operations was $1,012 million or $0.95 per basic and diluted share against income of $7,285 million or $6.37 per diluted share a year ago. Net loss was $1,016 million or $0.95 per basic and diluted share against net income of $7,266 million or $6.35 per diluted share a year ago. Net cash provided by operating activities was $3,146 million against $2,826 million a year ago. Purchases of property and equipment were $666 million against $626 million a year ago. Non-GAAP operating income was $2,821 million against $2,790 million a year ago. Non-GAAP operating income from continuing operations was $556 million against $465 million a year ago. Non-GAAP net income from continuing operations was $2,163 million or $2.00 per diluted share against $2,156 million or $1.88 per diluted share a year ago.

For the first quarter of 2018, the company expects net revenue between $2.57 billion and $2.61 billion, representing fx-neutral growth of 7% - 9%, with GAAP earnings per diluted share from continuing operations in the range of $0.37 - $0.41 and non-GAAP earnings per diluted share from continuing operations in the range of $0.52 - $0.54.

For the full year 2018, the company expects net revenue between $10.9 billion and $11.1 billion, representing fx-neutral growth of 7% - 9%, with GAAP earnings per diluted share from continuing operations in the range of $1.65 - $1.75 and non-GAAP earnings per diluted share from continuing operations in the range of $2.25 - $2.30.