(Reuters) – EBay Inc beat Wall Street estimates for quarterly revenue on Wednesday, as a multi-year effort to make its platforms easier to use attracted more customers.
The e-commerce company reported net revenue of $2.69 billion (£2.16 billion) for the second quarter ended June 30, down from $2.64 billion a year earlier. Analysts expected revenue of $2.68 billion, according to IBES data from Refinitiv.
EBay’s net income from continuing operations fell to $403 million or 46 cents per share from $638 million or 64 cents per share, a year earlier.
(Reporting by Akanksha Rana and Arjun Panchadar in Bengaluru; Editing by Bernard Orr)