EBay Inc, operator of the largest online marketplace, reported quarterly revenue that rose 32 percent and profit that matched analysts' expectations on Wednesday.

EBay shares fell 5 percent to $31.45 in after-hours trading.

EBay reported third-quarter net income of $490.5 million, or 37 cents a share, compared to $432 million, or 33 cents a share, a year earlier.

Excluding stock-based compensation expenses and other items, profit was $628.2 million, or 48 cents a share, in the latest period, the company said. Revenue climbed 32 percent to $2.97 billion.

EBay was expected to earn 48 cents a share on revenue of $2.91 billion, according to Thomson Reuters I/B/E/S.

(Reporting by Alistair Barr, editing by Bernard Orr)

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