EBay revenue gains, profit a struggle

17 Jul 2014
EBay (Nasdaq:EBAY) reported second quarter 2014 revenue gain of 13 percent year-over-year. Net profit grew 6 percent to $676 million from year earlier $640 million. On the earnings call, EBay CEO John Donahoe placed significant blame for lower-than-expected results on a Q1 proxy fight with investor Carl Icahn and the Q2 reset of EBay user password after a cyberattack. EBay Marketplaces, which i

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.