Overview
- eBay posted second-quarter revenue of $2.73 billion, exceeding analysts’ estimate of $2.64 billion.
- Adjusted earnings per share reached $1.37, topping the consensus forecast of $1.30.
- Gross merchandise volume grew 6 percent year over year to $19.5 billion, reflecting healthy marketplace activity.
- Shares jumped nearly 10 percent in extended trading after eBay set third-quarter revenue guidance of $2.69 billion to $2.74 billion above the $2.66 billion consensus.
- The company expanded focus on U.S. pre-owned apparel and deployed AI tools such as its “magical listing tool” to sustain engagement.