https://techcrunch.com/2019/01/29/ebay-beats-in-q4-on-sales-of-2-9b-and-eps-of-0-71-but-gmv-of-24-6b-is-up-only-1/

As eBay gets increasing pressure from activist shareholder Elliott Management to reform its business and turn it into a high-growth tech stock by overhauling its main Marketplace, refreshing management and rethinking its other businesses like StubHub and classifieds, the e-commerce platform delivered a set of Q4 results that were solid if a little lacklustre.

The company today said that for the quarter that ended December 31, it posted revenues of $2.9 billion with non-GAAP net income of $670 million or $0.71 per share. On both counts, it just beat analyst expectations, which were respectively $2.87 billion on EPS of $0.68. But as a sign of the flagging business that Elliot has been highlighting, gross merchandise volumes were $24.6 billion, up just one percent on a year ago, even as revenues rose six percent.