eBay shares were up 8 percent after the bell on Wednesday after the company's board also authorized an additional $2.5 billion (roughly Rs. 16,800 crores) stock buyback programme.
The company, which spun off PayPal last July, has tackled slowing growth by focussing on small business sellers, while offering a bigger selection of products.
Gross merchandise volume, or the total value of all goods sold on its sites, was up 4 percent at $20.9 billion (roughly Rs. 1,40,446 crores) in the second quarter ended June 30, helped by strength in its US business.
The number of active buyers rose 4 percent to 164 million.
The company's revenue also got a boost from robust sales at Stubhub, which won a 6.5 year revenue-sharing deal to resell tickets for the New York Yankees last month.
Stubhub's revenue jumped 40 percent to $225 million in the latest quarter.
eBay raised its full-year revenue forecast to a range of $8.85 billion to $8.95 billion, from $8.6 billion to $8.8 billion; and adjusted profit from continuing operations in the range of $1.85 to $1.90, from $1.82 to $1.87 per share.
The improved forecast was a "positive surprise" this early in the year, Wedbush Securities analyst Gil Luria said.
For the third quarter, the company forecast revenue of $2.16 billion to $2.19 billion and adjusted profit from continuing operations of 42 to 44 cents per share.
Analysts on average expect profit of 44 cents per share and revenue of $2.14 billion, according to Thomson Reuters I/B/E/S.
The company's net income rose to $435 million, or 38 cents per share, in the latest quarter from $83 million, or 7 cents per share, a year earlier.
Excluding one-time items, eBay earned 43 cents per share, beating analysts' expectations by 1 cent.
Revenue rose 5.7 percent to $2.23 billion, ahead of analysts' average estimate of $2.17 billion.
Up to Wednesday's close, shares of the San Jose, California-based company had fallen 5.6 percent in the past 12 months.For details of the latest launches and news from Samsung, Xiaomi, Realme, OnePlus, Oppo and other companies at the Mobile World Congress in Barcelona, visit our MWC 2025 hub.