EBay Q4 Revenue, Earnings Per Share Edge Estimates
EBay (EBAY) this afternoon posted slightly better-than-expected Q4 financial results.
Revenue for the quarter was $2.37 billion, up 16 percent year over year, and ahead of the Street at $2.29 billion. Non-GAAP EPS of 41 cents beat the Street by a penny.
The company said results reflected “excellent growth” at PayPal and StubHub, and improvement in growth rates in the core eBay business, as well as positive effects from currency.
The Marketplaces unit saw revenue grow 15 percent, with net transaction revenue up 17 percent. Gross merchandise value was $14.2 billion, up 24 percent from a year ago.
