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 SAN FRANCISCO (AP) - EBay Inc. reported Wednesday that second-quarter profit surged 50 percent, easily beating Wall Street expectations thanks to strong sales on online auctions, the automobile classified section and e-commerce sites such as shopping.com.
But analysts remained concerned about the declining number of items for sale on the site. EBay shares fell 26 cents in extended trading after losing 20 cents to $34.05 in Wednesday's regular trading session.
The San Jose-based company earned $375.8 million, or 27 cents per share, compared with $249.9 million, or 17 cents per share, in the second quarter of 2006.
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