EBay Income Rises 22% in Quarter

EBay Inc. posted net income of $460 million for the second quarter, a 22% increase over $376 million in the prior year.

The online marketing giant reported revenue of $2.2 billion for the quarter ended June 30, a 20% increase over $1.8 billion last year.

The San Francisco firm


EBay Income Rises 22% in Quarter

EBay Inc. posted net income of $460 million for the first quarter, a 22% increase over $377 million in the prior year.

The online marketplace reported net revenue of $2.2 billion for the quarter ended March 31, a 24% increase over $1.8 billion last year.

The San Jose, CA firm attributed these results partly to the ongoing expansion at PayPal, Skype and the company