eBay (EBAY) Reports In-Line Q2 EPS, Offers Guidance

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eBay Inc. Reports Second Quarter 2017 Results

July 20, 2017 4:15 PM EDT

SAN JOSE, Calif., July 20, 2017 /PRNewswire/ -- eBay Inc. (NASDAQ: EBAY), a global commerce leader, delivered gross merchandise volume (GMV) for the quarter ended June 30, 2017 of $21.5 billion, increasing 3% on an as-reported basis and 5% on a foreign exchange (FX) neutral basis. Revenue for the quarter was $2.3 billion, up 4% on an as-reported basis and 7% on an FX-Neutral basis.

During the quarter, eBay delivered GAAP net income from continuing operations of $27 million, or $0.02 per diluted share, which was negatively impacted by... More