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EBay 1st-qtr profit, revenue fall on weak economy but beat analyst expectations

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
EBay 1st-qtr profit, revenue fall on weak economy but beat analyst expectations Posted: Apr 22, 2009 9:43 PM
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Original Post: EBay 1st-qtr profit, revenue fall on weak economy but beat analyst expectations
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EBay 1st-qtr profit, sales fall on weak economy NEW YORK — EBay Inc. said Wednesday the weak economy led to lower earnings and revenue for the second consecutive quarter, but the online marketplace operator's results still beat analysts' expectations. The first-quarter numbers helped eBay shares shoot up 79 cents, or 5.4 percent, in after-hours trading, after they [...]

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