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Adjusted earnings increased by more than seven percent over the same period last year.
[Photo: Reuters]
San Jose The online trading platform Ebay does not deal in the second quarter run as well as desired by investors. On Wall Street, more sales were expected.
Revenues rose 9 percent year-over-year to 2.64 billion dollars (2.27 billion euros), said Wednesday the former mother of Paypal after the US market closed. However, growth slowed significantly compared to the previous quarter, when there was twelve per cent more. After the announcement, the action temporarily lost 2%.
Adjusted quarterly profit was slightly better: the surplus of continuing operations increased by more than seven percent to $ 533 million ($ 458 million) over the previous year
The business outlook also did not meet expectations, even though CEO Devin Wenig announced progress. Ebay had an annual business figure of between $ 10.75 and $ 10.85 billion in perspective. Until now, the group was expecting 10.9 to 11.1 billion dollars.
Ebay struggled for some time with intensified competition in online commerce. There, rivals like Amazon or Alibaba are making mbadive pressure.
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