Online retailer eBay Inc reported that its quarterly revenue exceeded expectations. The company improved its outlook for the current year due to the company's efforts to modernize its online trading platform. In April-June, the company’s net profit made up $435 million or 38 cents per share compared with $83 million or 7 cents per share obtained in the same period last year. The company estimates that Q3 revenues will be at $2.16-2.19 billion while analysts expect $2.14 billion, or 44 cents per share respectively.





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