This was originally posted at ZDNet's Between the Lines.
eBay's first-quarter results were better than expected, and the company argued that it is operating with more discipline and smarter.
For the quarter ended March 31 (statement), the company reported net income of $357.1 million, or 28 cents a share, on revenue of $2.02 billion, down $171.6 million from a year ago due to poor performance in its marketplaces unit. On a non-GAAP basis, eBay reported first-quarter earnings of $499.9 million, or 39 cents a share.
Wall Street was expecting earnings of 33 cents a … Read more