Wall Street Journal |
EBay Reports Big Loss Despite PayPal Growth
Wall Street Journal For the first quarter, eBay reported a loss of $2.33 billion because of a tax charge of about $3 billion. The charge is from the repatriation of $6 billion in foreign earnings. The company said the move is aimed at increasing its available U.S. cash … The firm forecast second-quarter per-share earnings between 67 cents and 69 … EBay's results top Wall Street targets but outlook disappoints eBay Beats, Q1 Non-GAAP Earnings Up 11 Percent to $899M, Revenue Up 14 … |
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