eBay profit tops forecasts as auctions accelerate
 

*Source: News.com (http://news.com.com/eBay+profit+tops...tag=nefd.top)*
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eBay on Wednesday posted a 50 percent rise in net profit on strength in its core auction and payments businesses, but left its 2007 outlook unchanged despite Wall Street's hopes for a boost.

Revenue as well as margins for eBay's auction and fixed price marketplaces business grew, with revenue rising 26 percent to $1.29 billion, accelerating from a range of 22 percent to 24 percent growth in the prior four quarters.

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