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Los Angeles - EBay posted a net income of $673m in the third quarter, a 2% decrease compared to $689m a year ago, the online auctioneer said on Wednesday.
Sales rose by 12% to $4.35bn, the company said, citing the success of PayPal.
PayPal, eBay's popular payments subsidiary, saw its revenue increase by 20% to $1.95bn in the third quarter.
In September, eBay and PayPal announced they will separate into two independent publicly traded companies in 2015.
The lucrative payment service is one of eBay's fastest growing segments.
"As we prepare to separate eBay and PayPal in 2015, our teams are focused on strong execution to ensure each business is set up for long-term success," said eBay CEO John Donahoe in a statement.
EBay shares slipped as much as 5% in extended trading following the announcement that the company reduced its full year revenue guidance to between $17.85bn and $17.95bn.
Originally the company had expected revenue between $18bn to $18.3bn for the year.
