eBay Inc (EBAY): Q3 Revenues Hit $3.9 Billion
eBay Inc (NASDAQ:EBAY) has reported their Q3 financial performance today. eBay reported revenues of $3.9 billion and non-GAAP earnings per share of $0.64. eBay’s revenues are up 14% from the same quarter last year as their earnings per share rose 17%. Analysts were expecting eBay to hit $0.63 per share (non-GAAP) on revenues of $3.9 billion, according to TechCrunch. eBay’s PayPal hit $1.6 billion in revenues, which is up 19%. PayPal has 137 million users, which is up 17%. eBay’s “Enabled Commerce Volume” metric for the quarter was $52 billion, up 21%. eBay ended the quarter with cash and cash equivalents at $13 billion.