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Dec 31, 2022
eBay Q4 2022 Earnings Report
eBay's Q4 2022 earnings exceeded expectations, driven by revenue initiatives and platform reimagination.
Key Takeaways
eBay Inc. reported Q4 2022 financial results, with revenue of $2.5 billion, a 4% decrease year-over-year. GAAP EPS was $1.23, and non-GAAP EPS was $1.07. The company returned $419 million to shareholders through share repurchases and cash dividends.
Revenue was $2.5 billion, down 4% year-over-year.
Gross Merchandise Volume (GMV) was $18.2 billion, down 12% year-over-year.
GAAP net income from continuing operations was $671 million, or $1.23 per diluted share.
Non-GAAP net income from continuing operations was $581 million, or $1.07 per diluted share.
eBay
eBay
Forward Guidance
eBay is providing the following guidance for continuing operations for Q1 2023.
Positive Outlook
- Revenue: $2.46 - $2.50 billion
- Organic FX-Neutral Y/Y Growth: 0% - 2%
- Diluted GAAP EPS: $0.77 - $0.81
- Diluted Non-GAAP EPS: $1.05 - $1.09