eBay Trades Higher After Reporting $4.9B In Q4 Revenue, 2,400 Q1 Layoffs

 This afternoon following the bell, eBay released its fourth quarter financial performance. The company had fourth quarter revenues of $4.9 billion, with GAAP earnings of $0.75 per share on profit of $936 million. Non-GAAP Earnings were $1.1 billion or $0.90 cents per diluted share, just in line with analysts expectations that the company would earn $0.89 per share on revenue of $4.93… Read More