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EBay Q2 Non-GAAP Earnings, Revenue Increase; Sets Q3 Outlook
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EBay Q2 Non-GAAP Earnings, Revenue Increase; Sets Q3 Outlook
Jul 31, 2024 1:50 PM

04:21 PM EDT, 07/31/2024 (MT Newswires) -- EBay ( EBAY ) reported Q2 non-GAAP earnings late Wednesday of $1.18 per diluted share, up from $1.03 a year earlier.

Analysts polled by Capital IQ expected $1.12.

Net revenue in the quarter ended June 30 rose to $2.57 billion from $2.54 billion a year earlier. Analysts surveyed by Capital IQ expected $2.53 billion.

The company expects Q3 diluted non-GAAP EPS of $1.15 to $1.20 on revenue of $2.50 billion to $2.56 billion. Analysts surveyed by Capital IQ expect EPS of $1.13 on revenue of $2.54 billion.

EBay ( EBAY ) maintained its quarterly dividend at $0.27 a share, payable on Sept. 13 to shareholders of record on Aug. 30.

Price: 56.20, Change: +0.59, Percent Change: +1.06

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