Home / Markets
Wednesday, July 16, 2008
EBay 2Q Profit Soars, Beating Expectations
Associated Press
EBay Inc. says its second-quarter profit jumped 22%. The company enjoyed strong growth in its e-commerce sites and its PayPal payments service.
The San Jose-based online auction company earned $460 million, or 35 cents per share, compared with $376 million, or 27 cents per share, in the year-ago quarter. Excluding certain items, eBay (EBAY) earned 43 cents per share. That beat Wall Street's forecast for 41 cents per share.
EBay's revenue rose 20% to $2.20 billion. Analysts polled by Thomson Financial had been looking for $2.17 billion in revenue.
Fox Business Video
-
-
John O'Hurley on Selling Copper
-
Nov 10, 2009
One-on-one with John O'Hurley
-
-
-
Democrat on Health-Care Bill
-
Nov 9, 2009
Rep. Larson agrees with legislation
-
-
-
As the Dollar Weakens, So Does...
-
Nov 9, 2009
John Bolton on global affairs
-
-
-
Shot Clock: iPhone to Verizon ...
-
Nov 9, 2009
Cody's Shot Clock
-
-
-
Don't Let the Soaring Market F...
-
Nov 9, 2009
Cavuto's Deal
-






