Financial PerformanceEBay delivered yet another quarter of better-than-expected results, with GMV, revenue, and Adjusted OI all coming in modestly ahead of Street expectations by ~1-4%.
Stock BuybacksBuybacks remain a powerful part of the story with a commitment to repurchasing at least $2.5B in FY24 ($1.9B remaining), fueled by FCF of ~$2B.
Technology And InnovationEBay continues to ramp usage of AI and GenAI capabilities on the platform to modernize the look and feel of the user interface and improve the quality of results.