eBay's Earnings Continue To Be Impacted By Cyber-Attack

We expect the Paypal segment to see high growth in the future as well, however, the marketplaces' business could continue to feel the impact of traffic-related challenges in the short-term. We expect these short-term headwinds to weigh on the company's profitability. However, in the long-term, we believe eBay has a strong business model and will gain from the rapid growth in the global e-commerce and online payments market.