eBay mobile payments lead to solid Q1 2012

eBay mobile payments

eBay has reported double digit increases to its mobile payment income through Marketplace and PayPal. Leader in global commerce and mobile payments, eBay Inc. has announced that its first quarter revenue for 2012 was $3.3 billion, which is an increase of 29 percent when compared to the same time last year. The eBay first quarter report indicated that the company saw a GAAP net income of $570 million, which translates to $0.44 per diluted share. It also stated that its non-GAAP net income was about $0.55 per share, at $725…

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