eBay will see annual growth rates of 10 percent to 15 percent over the next five years in both revenue and profit, according to projections by Covestor Model Manager Paul Franke.eBay turned in a better-than-expected profit for its third quarter — bucking the tide of less-than-stellar financial reports coming from other tech firms this week. eBay reported revenue of $3.4 billion, a 15 percent increase over the same period in 2011.
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eBay Sheltered From Troubled Tech Waters
Posted by: Erika Morphy October 19, 2012 05:00 AMeBay will see annual growth rates of 10 percent to 15 percent over the next five years in both revenue and profit, according to projections by Covestor Model Manager Paul Franke.eBay turned in a better-than-expected profit for its third quarter — bucking the tide of less-than-stellar financial reports coming from other tech firms this week. eBay reported revenue of $3.4 billion, a 15 percent increase over the same period in 2011.