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Jun 30, 2021
eBay Q2 2021 Earnings Report
Reported better than expected results, driven by payments migration and advertising growth, while simplifying portfolio and delivering shareholder value.
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.
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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