eBay Earnings Released, Revenue Up 14%

eBay just released its Q3 earnings report with a 14% year-over-year increase in revenue to $3.9 billion and net income (GAAP) of $689 million. PalPal on its own generated $1.6 billion, up 19% year-over-year. It also gained 5 million active … More: continued here

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EBay profit rises as PayPal grows, but holiday outlook disappoints – Reuters

MarketWatch EBay profit rises as PayPal grows, but holiday outlook disappointsReuters(Reuters) – EBay Inc reported a higher quarterly profit on Wednesday as consumers made greater use of its PayPal service, but the e-commerce company gave a disappointing holiday quarter forecast, sending shares down 4.5 percent in after-hours trading.EBay shares drop …

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