UPDATED: Amid economic uncertainties, e-commerce giant beats analysts’ consensus.
Driven by robust growth in its payments business, e-commerce giant eBay (NASDAQ: EBAY) reported solid second-quarter earnings today, posting a 22 percent profit increase with numbers toward the high end of analysts’ consensus.
eBay reported quarterly revenue of $2.2 billion, up by 20 percent ($361 million) over revenue of $1.8 billion during the same time last year.
Net income was $460 million, or 35 cents per diluted share. On a non-GAAP basis, eBay claimed a profit of $568 million, or earnings per share of …