EBay Inc. raised its revenue and profit outlook after posting stronger-than-expected results in its first quarter, sending shares up 5% in after-hours trading Tuesday. The online marketplace said first-quarter revenue rose 2% from a year earlier to $2.64 billion, as it benefited from more people making purchases on its platforms. The number of active buyers, or those who made a transaction within the last year, grew 4% to 180 million.

Source: Wall Street Journal April 23, 2019 21:11 UTC