Wednesday, April 17, 2013

Thanks To PayPal And Marketplace Growth, eBay's Q1 2013 Revenue Up 14 Percent To $3.7B, Net Income Up 19 Percent

ebay1-2After posting strong Q4 2012 results in January, eBay once again saw better than expected financial results in Q1 2013. Revenue was up 14% to $3.7 billion, compared to the same period of 2012. The company reported first quarter net income on a GAAP basis of $677 million, or $0.51 per diluted share, and non-GAAP net income of $829 million, or $0.63 per diluted share. Analysts expected eBay to post earnings of $0.62 with revenue of $3.77 billion.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/uILYsLBYkL8/

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