share_log

eBay | 8-K: Current report

SEC ·  Oct 31 04:12

Summary by Futu AI

eBay reported Q3 2024 results with revenue of $2.6 billion, up 3% YoY, and GMV of $18.3 billion, up 2% YoY. Net income from continuing operations was $636 million, or $1.29 per diluted share. Non-GAAP net income was $588 million, or $1.19 per diluted share.The company generated $755 million in operating cash flow and $646 million in free cash flow. eBay returned $881 million to stockholders, including $750 million in share repurchases and $131 million in cash dividends. First-party advertising revenue grew 15% YoY to $396 million.For Q4 2024, eBay expects revenue between $2.53-$2.59 billion and non-GAAP EPS of $1.17-$1.22. The full-year 2024 outlook projects revenue of $10.23-$10.29 billion and non-GAAP EPS of $4.80-$4.85. The company also declared a quarterly cash dividend of $0.27 per share.
eBay reported Q3 2024 results with revenue of $2.6 billion, up 3% YoY, and GMV of $18.3 billion, up 2% YoY. Net income from continuing operations was $636 million, or $1.29 per diluted share. Non-GAAP net income was $588 million, or $1.19 per diluted share.The company generated $755 million in operating cash flow and $646 million in free cash flow. eBay returned $881 million to stockholders, including $750 million in share repurchases and $131 million in cash dividends. First-party advertising revenue grew 15% YoY to $396 million.For Q4 2024, eBay expects revenue between $2.53-$2.59 billion and non-GAAP EPS of $1.17-$1.22. The full-year 2024 outlook projects revenue of $10.23-$10.29 billion and non-GAAP EPS of $4.80-$4.85. The company also declared a quarterly cash dividend of $0.27 per share.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.