WebProNews

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

ebay Ink live(micro)blogged the earnings call on Twitter, so you can get a convenient look at the whole thing here. The call was summarized in the following two tweets at the end of the session:

The marketplaces biz stabilizing bit might surprise some users, who have practically been calling for its imminent demise for quite some time now. Marketplaces's revenue was down 14% from the same period last year, however, though it did go up 3% from the first quarter.