eBay said revenue for Q2 2024 was $2.6 billion, up 1% on an as-reported basis and up 2% on an FX-Neutral basis. Gross Merchandise Volume was $18.4 billion, up 1%. GAAP and Non-GAAP diluted earnings per share were $0.45 and $1.18, respectively.

1. 01

   eBay said revenue for Q2 2024 was $2.6 billion, up 1% on an as-reported basis and up 2% on an FX-Neutral basis. Gross Merchandise Volume was $18.4 billion, up 1%. GAAP and Non-GAAP diluted earnings per share were $0.45 and $1.18, respectively.

2. 02

   The company said GAAP operating margin for Q2 was 21.3%, up from 20.4% a year earlier, and Non-GAAP operating margin was 27.9%, up from 26.9% a year earlier. GAAP net income from continuing operations was $226 million, and Non-GAAP net income was $602 million.

3. 03

   The company said it generated operating cash flow of $367 million and free cash flow of $278 million in Q2. It returned $1.1 billion to stockholders, including $1.0 billion in share repurchases and $135 million in cash dividend payments.

4. 04

   eBay said it completed the previously announced sale of its Adevinta shares, receiving $2.4 billion in cash and shares of a newly privatized entity, Aurelia. The Aurelia shares were valued at $1.9 billion at the closing of the transactions.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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