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eBay: results in line with expectations in the second quarter, but worries about the future

The e-commerce giant reported revenues of $3,88 billion in the second quarter and earnings per share of 63 cents, perfectly in line with analysts' expectations – The outlook for the rest of 2013 is worrying, which expect results to stagnate due to the crisis in Europe and Asia.

eBay: results in line with expectations in the second quarter, but worries about the future

The second quarter of eBay went on file with results in line with analysts' expectations, but what worries the e-commerce giant are the prospects for the future, which see declining results in the rest of the year due to the economic crisis in Europe and Asia.

In the second quarter, in fact, eBay has recorded revenues of 3,88 billion dollars, against expectations of 3,89 billion, while earnings per share hit 63 cents, in line with the consensus. In the period in question 3,5 million new users joined the e-commerce site.

However, the giant of online auctions expects revenues to stagnate for the third quarter, which will be between 3,85 and 3,95 billion dollars against the 3,97 billion previously estimated by analysts. "The headwinds on the macroeconomy in Europe and Korea - said the managing director of eBay John Donahaoe - will continue to be a challenge in the second half".

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