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Stock impact report

eBay (EBAY) Q1 Earnings & Revenues Beat Estimates, Rise Y/Y [Yahoo! Finance]

eBay Inc. (EBAY) 
Last ebay inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
Company Research Source: Yahoo! Finance
Net revenues of $2.56 billion surpassed the Zacks Consensus Estimate of $2.53 billion. The figure increased 2% from the year-ago quarter on a reported and FX-neutral basis. Strengthening momentum across advertising offerings of EBAY was a tailwind. eBay's first-party advertising products generated revenues of $370 million, up 30% on a reported basis and 28% on an FX-neutral basis from the prior-year quarter. Total advertising offerings yielded $384 million in revenues, which grew 20% year over year on a FX-neutral basis. EBAY has gained 17.6% on a year-to-date basis, outperforming the industry's growth of 8%. However, the weakness in third-party advertising products, which generated $14 million in revenues in the reported quarter, was a negative. The figure moved down 55% year over year on a FX-neutral basis. The weakening momentum among active buyers was concerning. EBAY witnessed a year-over-year decline of 1% in its active buyer base, which stood at 132 million at the Show less Read more
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