Major Highlights from eBay's Q2 2024 Earnings Results
Thursday, 1 August 2024, 13:20
eBay Inc. Q2 2024 Earnings Overview
eBay Inc. (NASDAQ: EBAY) reported significant figures in its latest earnings results:
- Revenue: $2.6 billion, an increase of 1% on a reported basis.
- Gross Merchandise Volume: GMV totaled $18.4 billion, up 1% year-over-year.
- Net Income: $224 million, translating to $0.45 per share, compared to $171 million in the same period last year.
Conclusion
These results highlight eBay's ability to sustain growth despite market challenges. This steady performance reflects the company's strategic priorities and commitment to enhancing its platform and services. Investors should consider these metrics as indicators of eBay's ongoing stability and future prospects.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.