eBay (EBAY 1.43%) results for the first quarter have been released. For the quarter, revenue was $3.75 billion, which compares favorably to the $3.28 billion in the same period the previous year. Net income over the same time span advanced to $829 million ($0.63 per diluted share) from Q1 2012's $725 million ($0.55).
"We had a strong first quarter, with accelerating user growth across both Marketplaces and PayPal, and with GSI enabling their retail clients to grow faster than e-commerce," CEO John Donahoe said of the quarter.
Analysts had expected revenue of nearly $3.8 billion and EPS of $0.62.
eBay also maintained its existing guidance guidance. For fiscal 2013, the company expects $16.0 billion-$16.5 billion in revenue, with EPS coming in at $2.70-$2.75.