eBay (NASDAQ: EBAY) reported a rise in earnings in the fiscal fourth-quarter, citing a rise in holiday sales and the sale of its Skype telecommunication business, according to Associated Press.
eBay's earnings, excluding one-time items such as a $1.4 billion gain from the gain from the Skype sale, totaled 44 cents per share, which is 4 cents more than the estimates from analysts surveyed by Thomson Reuters.
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Including those one-time items, eBay earned $1.36 billion, or $1.02 per share, compared with $367 million, or 29 cents per share, in the year-ago quarter.
EBay said revenue rose 16 percent to $2.37 billion, slightly above the $2.29 billion that analysts were expecting.
In eBay's largest segment, which includes eBay.com, Shopping.com and other e-commerce sites, revenue rose 15 percent to $1.46 billion, helped by more sales of fixed-price items and an increase in international sales.
The number of active registered eBay users rose 3 percent from the year-ago period to 90.1 million.
Its gross merchandise volume, excluding vehicles, also rose, gaining 24 percent to $14.2 billion.
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