eBay: Q2 adjusted net profit down 18%

(CercleFinance.com) - eBay has reported Q2 2022 revenues of 2.
4 billion dollars, down 9% y-o-y.

Adjusted net profit was 554 million dollars, down 18% from Q2 2021, while adjusted EPS was flat at 0.99 dollar.

eBay is targeting Q3 revenue of 2.29 billion to 2.37 billion dollars, with adjusted EPS of 0.89 to 0.95 dollar.

FY 2022 revenue is expected to be 9.6-9.9 billion dollars, with adjusted EPS of 3.95-4.1 dollars.

Investors don't seem to be too happy with this - eBay shares are down over 4.5% in early trading today.


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