eBay Earnings Show Worsening Volume Trends
Investors had low expectations heading into eBay's (NASDAQ: EBAY) fourth-quarter earnings release last week. While integrated e-commerce giants like Amazon.com and Walmart have been enjoying robust sales growth, the online marketplace has struggled with losses, in part due to state tax law changes that effectively raised prices on many of its products.
Last week, eBay announced results that did little to change that overall weak operating picture. The company also projected another year of sluggish growth, but robust cash generation.
Let's dive right in and see what the report had to say.
Source Fool.com
