aspkin | 04-19-2007 07:03 AM | eBay's Health, It's looking Good EBay soars on outlook, profit
The online auction house says net profit jumped 52 percent and outlook will be on the high end of analysts' forecasts.
SAN FRANCISCO (Reuters) -- Online auction leader eBay Inc. reported Wednesday quarterly results that beat Wall Street expectations and said its outlook for the rest of the year would be at the high end of analysts' predictions.
EBay posted a 52 percent jump in net profit on a 27 percent revenue rise, led by growth in its core auctions business and the rising prominence of international sales. |