eBay Q2 2021 Earnings Report
Key Takeaways
eBay Inc. reported strong Q2 2021 results, with revenue of $2.7 billion, up 14% year-over-year, and non-GAAP EPS of $0.99. The company completed the sale of its Classifieds business and announced an agreement to sell 80.01% of its eBay Korea business. eBay is focused on product innovation and creating a seamless experience for sellers.
Revenue of $2.7 billion, up 14% on an as-reported basis.
Gross Merchandise Volume of $22.1 billion, down 7% on an as-reported basis.
GAAP and Non-GAAP EPS per diluted share of $0.43 and $0.99, respectively.
Returned $1.6 billion to shareholders, including $1.5 billion of share repurchases.
eBay
eBay
Forward Guidance
eBay is providing the following guidance for continuing operations for Q3 2021. Revenue is expected to be between $2.42 - $2.47 billion. Diluted GAAP EPS is expected to be between $0.64 - $0.68 and Diluted Non-GAAP EPS is expected to be between $0.86 - $0.90.