*Source: News.com (
http://news.com.com/eBay+profit+tops...tag=nefd.top)*
_______
eBay on Wednesday posted a 50 percent rise in net profit on strength in its core auction and payments businesses, but left its 2007 outlook unchanged despite Wall Street's hopes for a boost.
Revenue as well as margins for eBay's auction and fixed price marketplaces business grew, with revenue rising 26 percent to $1.29 billion, accelerating from a range of 22 percent to 24 percent growth in the prior four quarters.
More...
Linear Mode
