eBay just posted strong fourth quarter earnings, announcing that revenue for the fourth quarter ending in 2010 increased a 5% to $2.5 billion, or up 10% excluding Skype, compared to the same period of 2009 (eBay sold Skype in Q3 of 2009). On a GAAP basis, eBay reported net income of $559.2 million, or $0.42 per diluted share. The company's non-GAAP net income for the quarter was $638.8 million, or $0.52 per diluted share, representing a 24% increase excluding Skype, compared to the same period of 2009. eBay beat analyst expectations of $0.47 per share. The company?s PayPal business ended the quarter with 94.4 million active registered accounts, adding approximately one million active accounts per month. PayPal?s net total payment volume was $26.9 billion in the fourth quarter (up from $21.3 billion in the same quarter in 2009), with nearly half of PayPal's revenue in the fourth quarter was generated outside the United States. eBay's marketplaces segment $15.0 billion in gross merchandise volume, with the number of sold items up by 10%, thanks to the strong holiday shopping season.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/ADi_iFo9s6w/
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