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EBay second-quarter revenue beats estimates

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EBay second-quarter revenue beats estimates

EBay Inc beat Wall Street estimates for quarterly revenue on Tuesday, as the e-commerce company benefited from a surge in online shopping by people staying indoors due to coronavirus-driven lockdowns.

Axar.az reports citing foreign media.

Revenue rose to $2.87 billion from $2.42 billion in the second quarter, beating analysts’ estimate of about $2.8 billion, according to IBES data from Refinitiv.
Date
2020.07.29 / 09:31
Author
Axar.az
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