Ebay Delivers Mixed Q2 Amid Decline In Its Active Buyer Base
The San Jose, Calif.-based e-commerce company reported second quarter net income of $294 million, or 43 cents per share. Non-GAAP earnings were 99 cents per share on revenue of $2.7 billion, up 14% from the same period last year. Wall Street was looking for earnings of 95 cents per share on revenue of $3 billion. In its financial release Wednesday, eBay said GMV was down 7% year over year to $22....