StubHub Q1 Swings to Net Income, Revenue Rises

MT Newswires Live

05/14

StubHub (STUB) reported a Q1 net income late Wednesday of $0.06 per diluted share, swinging from a loss of $0.12 a year earlier.

Analysts surveyed by FactSet expected earnings of $0.01.

Revenue for the three months ended March 31 was $446 million, compared with $397.6 million a year earlier.

Analysts polled by FactSet expected $425 million.

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