secwatch.observer — SEC 8-K summary
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Issuer:     EBAY INC (EBAY)
CIK:        0001065088
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001065088-22-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

eBay Q3 beats expectations; revenue $2.4B (-5%), non-GAAP EPS $1.00, raises dividend to $0.22
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- Revenue $2.4B, down 5% as-reported; GMV $17.7B, down 11%. Non-GAAP EPS $1.00 vs $0.90.
- GAAP net loss from cont. ops $70M ($0.13 loss per share) due to equity investment fair value changes.
- Returned $421M to shareholders ($301M buybacks, $120M dividends); quarterly dividend raised to $0.22/share.
- Acquired TCGplayer (up to ~$295M cash) and myFitment; sold remaining Adyen stake for ~$120M.
- Q4 guidance: revenue $2.42-2.50B; non-GAAP EPS $1.03-1.09. FY22 non-GAAP EPS $4.07-4.13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065088/000106508822000027/0001065088-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065088/000106508822000027/ebay-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001065088-22-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer