Online retailer eBay reported better-than-expected results but added that a strong dollar substantially hurt the company's results.
Profits for the first three months of 2015 were $626m (£416m), and revenues were $4.45bn, a 4% increase from a year earlier.
However, eBay said that "strengthening dollar significantly impacted first quarter results".
Revenue at eBay would have been 7% higher without that currency headwind.
At payment site PayPal, currency fluctuations were less severe, hurting revenues by 3% as a result of hedging by the site.
eBay said it expected to complete its spinoff of PayPal into a separate company by the third quarter of 2015.
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