EBAY's Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y
EBAYeBay(EBAY) ZACKS·2024-08-02 01:11

eBay Inc. (EBAY) reported second-quarter 2024 non-GAAP earnings of 1.18pershare,whichbeattheZacksConsensusEstimateby4.41.18 per share, which beat the Zacks Consensus Estimate by 4.4%. The bottom line increased 15% year over year.Net revenues of 2.57 billion surpassed the Zacks Consensus Estimate by 1.7%. The figure increased 1% from the year-ago quarter on a reported basis and 2% on an FX-neutral basis.Strengthening momentum across advertising offerings of EBAY was a tailwind.eBay’s first-party advertising products generated revenues of $384 million, up 12 ...