Digital

eBay profits climb

By Inside Retail Contributor
  eBay Inc has reported earnings that rose by 5.6 per cent in its second quarter, topping analysts’ expectations. The San Jose, California-based company on Wednesday said net income increased to $US676 million ($A731.40 million), or 53 US cents per share, from $US640 million, or 49 US cents per share, in the same quarter in 2013. Earnings, adjusted for one time gains and costs, came to 69 US cents per share. The average per share estimate of analysts surveyed by Zacks Investment Resea

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