Monthly Archives: October 2016

eBay obtained $418 million net profit in Q3, declined by 23% yoy

US e-commerce giant eBay announced its Q 2016 earnings by September 30 today. The report showed that eBay obtained $2.217 billion in net revenue in Q3, increased by 6% yoy. Net profit from continuing operating was $418 million, declined by 23% yoy.

ebay

eBay predicted its net revenue in Q4 will be ranging from $2.36 billion to $2.41 billion. The net profit for continuing operation business based on non-GAAP will be ranging from $ 0.52 to $ 0.54 which is under analyst’s prediction.

FactSet investigation showed eBay share profit was adjusted to $0.54 after analyst prediction for Q4, and revenue is predicted to be $ 2.4 billion. Continue reading