eBay has recorded a loss in the first quarter due to a hefty tax charge on foreign earnings, but has revenue jumped as more customers shop at its e-commerce site and its PayPal payments business stays strong. Adjusted results beat expectations but the company offered weak second-quarter guidance and shares fell three per cent in aftermarket trading. The loss for the three months that ended March 31 totalled $US2.33 billion ($A2.52 billion), or $US1.82 per share. That compares with net inc
eBay hit by tax charge
This content is for IR Pro subscribers only.
Subscribe now to unlock an all-access pass.
IR Pro - Monthly
$5 +GST for the first 30 days. (Auto renews at $28+GST per month.)- Unlimited news access
- Daily IR Pro content straight to your inbox
- Exclusive members only masterclasses (live and on-demand)
- Weekly careers advice
- Independent research reports and forecasts
- Indepth interviews with industry leaders and experts
- Weekly and quarterly digital magazines delivered to your inbox
Retailer’s choice
IR Pro - Annual
$312 +GST per year. (Auto renews annually.)- Unlimited news access
- Daily IR Pro content straight to your inbox
- Exclusive members only masterclasses (live and on-demand)
- Weekly careers advice
- Independent research reports and forecasts
- Indepth interviews with industry leaders and experts
- Weekly and quarterly digital magazines delivered to your inbox