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00:02eBay reported third quarter earnings of $1.51 per share,
00:07beating Wall Street estimates of $1.41, according to data from Benzinga Pro.
00:13Revenue rose 14% year-over-year to $3.206 billion, topping expectations of $3.114 billion.
00:23Gross merchandise volume increased 15% to $23.2 billion.
00:28The company's golden business reported another record quarter,
00:33including a $3.65 million declaration of independence sale.
00:38CEO Jamie Iannone attributed the results to growing consumer interest in re-commerce
00:43and strength in the company's focus categories.
00:46eBay forecast fourth quarter revenue of $3.19 billion to $3.24 billion
00:52and earnings of $1.48 to $1.53 per share.
00:57Full-year revenue is projected at $12.62 billion to $12.67 billion,
01:04with earnings of $6.25 to $6.30 per share.
01:09Both forecasts exceeded analyst estimates.
01:13Shares rose 5.91% to $125 in after-hours trading Wednesday.
01:19For all things money, visit Benzinga.com.
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