Analysts had been expecting worse, with estimates at $1.94 billion in revenue and earnings of 34 cents per share. There was nothing much out of line with eBay’s Q2 forecast, though–sales of $1.85 billion to $2.1 billion and 35-38 cents profit per share. Analysts’ forecasts equate to $1.98 billion and 35 cents per share.

The company attributed the of sales revenue loss to, among other things, a stronger dollar and lower sales among all of its Marketplaces businesses, which include StubHub, Shopping.com and eBay itself. Overall, the group saw a revenue drop of 18 percent to $1.22 billion year-over-year.

In contrast, Skype, one of the company’s subsidiaries, saw a revenue gain of 21 percent to $153.2 million year-over-year. EBay (EBAY) says that it plans to spin Skype off in an IPO sometime next year, though it’s widely believed to be open to an outright sale.