SAN FRANCISCO (AP) ? EBay says its net income grew in the fourth quarter, helped by a gain on the sale of its remaining investment in Skype and higher revenue.
The e-commerce and online payments company said Wednesday that it earned $1.98 billion, or $1.51 per share in the October-December quarter. That's up from $559 million, or 42 cents per share, in the same period a year earlier.
Revenue grew 35 percent to $3.38 billion from $2.5 billion.
Excluding special items, eBay Inc. says it earned 60 cents per share.
Analysts polled by FactSet expected earnings of 57 cents per share on revenue of $3.32 billion.
San Jose, Calif.-based eBay is forecasting adjusted earnings of 50 cents to 51 cents per share in the first quarter. That's below Wall Street's expectations of 54 cents.
Associated Pressharold camping kim kardashian and kris humphries kim kardashian and kris humphries chris morris chris morris mike stoops
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