EBay Posts Quarterly Loss

Posted on by Chief Marketer Staff

EBay Inc. posted a net loss of $935.6 million for the third quarter, compared to net income of $280.9 million in the prior year.

The online marketplace attributed these results to a goodwill impairment charge related to the company’s acquisition of Skype.

The San Jose firm reported net revenue of $1.89 billion for the quarter ended Sept.30 a 30% spike over $1.5 billion last year.

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