eBay (EBAY) PT Lowered to $41 at Citi Following 4Q

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Go back to eBay (EBAY) PT Lowered to $41 at Citi Following 4Q

eBay Inc. Reports Fourth Quarter and Full Year 2018 Results and Announces Capital Structure Evolution

January 29, 2019 4:15 PM EST

SAN JOSE, Calif., Jan. 29, 2019 /PRNewswire/ -- eBay Inc. (NASDAQ: EBAY), a global commerce leader, delivered revenue for the quarter ended December 31, 2018 of $2.9 billion, increasing 6% on both an as-reported basis and a foreign exchange (FX) neutral basis, primarily driven by gross merchandise volume (GMV) of $24.6 billion, up 1% on an as-reported basis and 2% on a FX-Neutral basis.

During the quarter, eBay delivered GAAP net... More