
eBay reported first-quarter revenue of $2.59 billion, marking a 1% increase year-over-year and surpassing analyst estimates of $2.55 billion. The company also beat earnings per share expectations by $0.04. For the second quarter, eBay provided guidance indicating revenue and earnings per share in line with analyst forecasts, with revenue expected to exceed estimates. Additionally, eBay announced a change in its executive leadership, with CFO Steve Priest set to step down in May. Peggy Alford will succeed him as the new chief financial officer.
🇺🇸 EBay Logs Higher Quarterly Profit, Revenue; Names New CFO https://t.co/fi3y0fuM0x
$EBAY (-0.2% pre) EBay Logs Higher Quarterly Profit, Revenue; Names New CFO https://t.co/X5pivg7sqD
eBay reports Q1 revenue up 1% YoY to $2.59B vs. $2.55B est., forecasts Q2 revenue above est.; CFO Steve Priest to step down in May, with Peggy Alford succeeding (Juby Babu / Reuters) https://t.co/kVzGjQyyJ6 https://t.co/Itu70arqyU https://t.co/ZOzeer1FAj