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EBay Beats Street on Revenue, Profit

Published on January 19, 2011
by Voices

Helped again by its thriving PayPal unit, eBay today reported Q4 revenue of $2.5 billion, a five percent increase year-over-year, and non-GAAP income of $683.8 million, or 52 cents per diluted share. Analysts had been expecting 47 cents EPS on $2.49 billion in revenue, on average. The PayPal unit saw a 26 percent jump in total payment volume, to $26.87 billion, adding more than $5 billion in additional payment volume.

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URL: http://allthingsd.com/20110119/ebay-beats-street-on-revenue-profit/