EBay Up About 2% As Revenue Beats Expectations

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Photo: Pascal-Emmanuel Gobry, Business Insider

EBay just reported Q2 earnings, and they’re slightly ahead of expectations: adjusted EPS of $0.48 per share on revenue of $2.76 billion. The consensus predictions were 46 cents per share on revenue of $2.61 billion.Revenue was up 25% from last year, but actual earnings per share were down to $0.22 per share vs. $0.31 last year.

EBay also said that PayPal topped $1 billion in revenue for the first time during the quarter.

The company’s stock is up about 2% after hours.

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