EBay: 16% EPS growth in Q4
(CercleFinance.com) - eBay reports adjusted EPS (non-GAAP) up 16% to $1.
25 for the fourth quarter of 2024, with a non-GAAP operating margin improved by 0.3 points to 27%, on revenues up 1% to $2.58 billion.
eBay has achieved three consecutive quarters of GMV (gross merchandise volume) growth", emphasizes CEO Jamie Iannone, with GMV increasing by 4% in the last three months of the year to 19.3 billion.
For the first quarter of 2025, the Internet auction platform anticipates adjusted EPS of between $1.32 and $1.36, and revenues of between $2.52 and $2.56 billion, down 1% or up 1% at constant exchange rates year-on-year.
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