WebProNews

eBay Marketplace Down Significantly from Last Year

eBay announced its second quarter results yesterday, and claims to have had a strong second quarter, slightly higher than expectations. Here are some of the numbers: - Second quarter revenue was $2.10 Billion (a $97.7 million decrease year-over-year) - Net income on a GAAP basis was $327.3 million ($0.25 per diluted share) - Non-GAAP net income was $478.6 million ($0.37 per diluted share) - eBay generated $730.7 million of operating cash flow during Q2 and free cash flow during the quarter was $602.3 million