EBay Posts Gains, but Results Miss Estimates

In first quarter financial results released on Wednesday, revenue swelled to $3.7 billion, up 14 percent from a year earlier. EBay said net income was $677 million, or 51 cents a share, a 19 percent increase from a year earlier. “We had a strong first quarter, with accelerating user growth across both Marketplaces and PayPal,” […]