eBay: Q3 EPS up 3%

(CercleFinance.com) - On Tuesday evening, eBay published non-GAAP EPS for Q3 2023 which rose 3% to $1.
03, with a non-GAAP operating margin that was down 2.5 points at 26.4%, on revenues that increased 5% to $2.5bn. NB: pmt -7.5%.

"In Q3, we met or exceeded expectations across all of our key financial metrics," CFO Steve Priest said. "We will continue to be prudent with cost efficiencies, saving to invest for the future".

For FY 2023, the online commerce platform expects adjusted EPS of $4.17 to $4.22, with revenues expected to grow by 3%-4% to between $10.02bn and $10.08bn.


Copyright (c) 2023 CercleFinance.com. All rights reserved.