Ebay Beats Forecasts On Strong Growth From Marketplaces, Q2 Revenue Up 23 Percent To $3.4B | TechCrunch

Ebay Beats Forecasts On Strong Growth From Marketplaces, Q2 Revenue Up 23 Percent To $3.4B | TechCrunch: Ebay Beats Forecasts On Strong Growth From Marketplaces, Q2 Revenue Up 23 Percent To�$3.4B
RIP EMPSONposted 3 hours ago0 Comments
eBay has just released its second quarter 2012 earnings report, in which the eCommerce giant outpaced expectations for yet another quarter. Revenue increased 23% to $3.4 billion, compared to the same period of 2011. Non-GAAP earnings came in at $0.56 per diluted share, while eBay posted Q2 net income of $692 million — up from $283 million in Q2 2011. In terms of benchmarks, analysts had been expecting earnings of $0.55 per share on revenue of $3.36 billion.