On Wednesday evening, eBay reported adjusted (non-GAAP) EPS growth of 13% to $1.25 for the first three months of 2024, with a non-GAAP operating margin improved by 0.7 points to 30.3%, on revenues up 2% to nearly 2.56 billion.

We continue to make progress towards our objective of sustainable growth in gross merchandise volume", notes CEO Jamie Iannone, noting that the latter reached $18.6 billion in the quarter just ended, up 1% (stable excluding currency effects).

For the second quarter, the Internet auction platform anticipates adjusted EPS of between $1.10 and $1.15, and revenues of between $2.49 and $2.54 billion, representing a variation of -1 to +1% at constant exchange rates in year-on-year comparison.

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