By FDI Creative Services on 04/26/2016
Category: Security News

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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