eBay Q1 reports sales of $2.374B, active buyers up to 174M in wake of COVID-19
https://techcrunch.com/2020/04/29/ebay-q1-reports-sales-of-2-374b-active-buyers-up-to-174m-in-wake-of-covid-19/
After a quarter in which eBay, tussling with an activist investor, completed the sell-off of its ticketing business StubHub for $4 billion and saw appointed a new CEO after its previous one departed, while also weathering waves of surging demand and dodgy supply resulting from the COVID-19 pandemic, today the e-commerce company reported its Q1 earnings after the close of markets.
The company reported revenues of $2.374 billion, down 2% on a year ago, with earnings per share of $0.64 on a GAAP basis and $0.77 non-GAAP, on a continuing operations basis.