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eBay Tops Forecasts

NEW YORK (TheStreet) — eBay reported better-than-expected profit and revenue in the first quarter. During the three-month period, the e-commerce giant earned 47 cents a share on revenue of $2.5 billion. Analysts were calling for a profit of 46 cents a share on revenue of $2.48 billion. 4 eBay Deals: Will Going Hyper-Local Mean Hyper-Profits? eBay previously forecast first-quarter adjusted …

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