Home / ebay / EBay 4Q profit and revenue fall amid recession (Fort Worth Star-Telegram)

EBay 4Q profit and revenue fall amid recession (Fort Worth Star-Telegram)

EBay Inc. is showing signs that it is being hurt by the recession. The Internet auction site operator says its fourth-quarter earnings sank 31 percent. San Jose, Calif.-based eBay said Wednesday it earned $367 million, or 29 cents per share, in the quarter. Excluding one-time items, eBay earned 41 cents per share – 2 cents higher than the prediction of analysts polled by Thomson Reuters. …

More: continued here

About admin

Check Also

This Year’s ‘Power Lunch’ With Warren Buffett Sold For $3.3M on eBay – Observer

Observer This Year's 'Power Lunch' With Warren Buffett Sold For $3.3M on eBayObserverAn anonymous buyer …

Leave a Reply

Your email address will not be published. Required fields are marked *