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EBay quarterly revenue climbs 14 percent

2013-04-17T202638Z_1_CBRE93G1KSX00_3_EBAY.JPG

 (Copyright Reuters 2013)

EBay Inc said on Wednesday that first-quarter revenue rose 14 percent as more consumers shopped on the company's online marketplace and used PayPal to pay for their purchases.

Earnings came in at $829 million, or 63 cents per share, in the first quarter, compared with $725 million, or 55 cents a share, in the same period last year. Revenue was $3.75 billion, up from $3.28 billion a year earlier.

(Reporting by Alistair Barr; Editing by Steve Orlofsky)