secwatch.observer — SEC 8-K summary
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Issuer:     EBAY INC (EBAY)
CIK:        0001065088
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001628280-23-013226
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

eBay beats Q1 expectations with $2.5B revenue, GAAP EPS $1.05 vs loss a year ago, GMV down 5%
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- Revenue of $2.5B, up 1% as-reported and 3% FX-neutral; GMV $18.4B down 5% as-reported, down 2% FX-neutral.
- GAAP net income from cont. ops $569M ($1.05 EPS) vs loss of $1.34B in Q1 2022; Non-GAAP net income $600M ($1.11 EPS) down 4%.
- Returned $384M to shareholders via $250M buybacks and $134M dividends; free cash flow $709M.
- Q2 guidance: revenue $2.47-2.54B, GAAP EPS $0.65-0.70, Non-GAAP EPS $0.96-1.01.
- Dividend declared $0.25/share, payable June 16 to holders of record June 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065088/000162828023013226/0001628280-23-013226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065088/000162828023013226/ebay-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-013226

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