The shares of the e-commerce company were up nearly 2 percent in after-hours trading, even though the company offered a cautious outlook for first-quarter profit and revenue.
EBay reported fourth-quarter net income of $2 billion, or $1.51 a share, compared with $559 million, or 42 cents a share, a year earlier. The company forecast first-quarter profit of 50 cents or 51 cents a share and revenue of $3.05 billion to $3.15 billion and added profit for 2012 will be $2.25 to $2.30 a share and revenue will be $13.7 billion to $14 billion.
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