EmaileBay (EBAY $48.40 +0.20) reported third quarter earnings of $0.55 per share, excluding non-recurring items, $0.01 better than the Capital IQ consensus Estimate of $0.54, while revenues rose 14.8% year/year to $3.4 billion versus the $3.4 billion consensus. The company issued in-line guidance for the fourth quarter with EPS of $0.66-0.69, excluding non-recurring items, versus the $0.68 consensus and revenues of $3.85-4.0 billion versus the $3.94 billion consensus.
PayPal delivered a strong Q3 performance. It ended the quarter with 117.4 million active registered accounts, a 14% increase over the third quarter of 2011. Revenue increased 23% year over year and net total payment volume (TPV) grew 20% year over year to $35.2 billion. arketplaces delivered another strong quarter with accelerating user growth. Gross merchandise volume (GMV), excluding vehicles, increased 11% year over year to $16 billion in the third quarter of 2012. Marketplaces revenue increased 9% year over year, driven by strong growth in the United States and Asia Pacific. Active user growth continued to accelerate during the quarter, reaching 10% year over year, the fastest growth since 2007, with 800,000 new users coming from mobile. This helped boost sold items growth, which was up 19% year over year.
