|
Higher Expenses at eBay Push Net Income Down
New York Times (blog) EBay reported Wednesday that its revenue rose 14 percent in the second quarter as its PayPal business and namesake online marketplace continued to grow. But the e-commerce company's net income fell 8 percent as a result of higher expenses and its … EBay Q2 earnings meet Wall Street estimates eBay's Profit Jumps 13%, But Weak Guidance Sparks Massive Sell Off EBay 2nd-quarter profit slides as costs rise, but PayPal, e-commerce growth … |
More: continued here
