 Bloomberg |
EBay's Profit Jumps 20% on PayPal Growth
Wall Street Journal By DREW FITZGERALD EBay Inc.'s first-quarter profit rose 20% on continued strength in its payments business, prompting the company to boost its outlook for the year. EBay's hares rose 4.5% to $37.50 after hours on the stronger-than-expected results. EBay Sales Beat Estimates Led by PayPal; Share Increase EBay Earnings Surpass Forecasts EBay quarterly results top expectations |
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