eBay's fourth-quarter earnings were better than expected, courtesy of mobile volume, PayPal, and solid marketplace results, but the company's outlook for the first quarter was light. The company also detailed that investor Carl Icahn wants a PayPal spinoff.
The e-commerce company reported fourth-quarter earnings of $850 million, or 65 cents a share, on revenue of $4.53 billion, up 14 percent from a year ago. Fourth quarter non-GAAP earnings were 81 cents a share.
Wall Street was expecting eBay to report fourth-quarter non-GAAP earnings of 80 cents a share on revenue of $4.54 billion.
eBay also has … Read more