Ebay posted a loss for the important thing vacation quarter on Wednesday because it booked a $three.1 billion cost from the current adjustments in U.S. tax legal guidelines.
EBay’s web loss from persevering with operations was $2.6 billion or $2.51 per share. A year-ago it earned $5.95 billion or $5.31 per share.
The fourth-quarter loss included the cost, whereas the prior-year quarter included a tax advantage of $four.6 billion.
Shares of eBay rose 2 % in after-hours buying and selling.