eBay reports Q1 adjusted EPS $1.38, consensus $1.34

Reports Q1 revenue $2.6B, consensus $2.55B. “eBay‘s (EBAY) first quarter results were ahead of expectations, as we delivered our fourth consecutive quarter of positive GMV growth,” said Jamie Iannone, Chief Executive Officer at eBay. “Our Focus Categories and geo-specific investments are driving momentum in the business, and we continue to innovate – leveraging Al to make our marketplace more efficient and intuitive for customers.” “We exceeded our quarterly financial metrics and continue to invest for the long-term health of our marketplace,” said Steve Priest, Chief Financial Officer at eBay. “Our teams have done a tremendous job executing on our strategy, while navigating a dynamic demand environment.”