earnings
confidence high
sentiment neutral
materiality 0.65
eBay Q1 revenue $2.5B (-6% YoY), non-GAAP EPS $1.05; guides Q2 revenue $2.35-2.40B
EBAY INC
2022-Q1 EPS reported
-$2.28
revenue$2,483,000,000
- Revenue $2.5B, down 6% as-reported (5% FX-neutral); GMV $19.4B down 20% as-reported (17% FX-neutral).
- GAAP net loss $1.3B ($(2.28) diluted) driven by equity investment fair value; non-GAAP net income $625M ($1.05).
- Non-GAAP operating margin 32.4% (down from 37.3%); free cash flow $546M.
- Q2 guidance: revenue $2.35-2.40B, non-GAAP EPS $0.87-0.91; FY 2022 revenue $9.6-9.9B.
- Dividend raised to $0.22/share (record June 1, payable June 17); $1.25B share repurchases in Q1.