EBay 3Q profit tops estimates, but sales miss

Published October 15, 2014 11:04pm ET



NEW YORK (AP) — EBay Inc. on Wednesday reported better-than-expected earnings for the third quarter as its PayPal payment unit continued to have strong growth.

But revenue missed expectations and the company cut its sales forecast for the year, hurt by the stronger dollar and lower-than expected traffic in its marketplace division.

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