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EBay's revenue rises 3.7 percent
An eBay sign is seen at an office building in San Jose, California May 28, 2014.
Reuters/Beck Diefenbach/File Photo
EBay Inc reported a 3.7 percent increase in quarterly revenue as strong demand more than made up for the impact of a strong dollar.
Net income fell to $482 million, or 41 cents per share, in the first quarter ended March 31, from $626 million, or 51 cents per share, a year earlier.
Revenue rose to $2.14 billion from $2.06 billion.
(Reporting by Sai Sachin R in Bengaluru; Editing by Sriraj Kalluvila)
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