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eBay Q2 Earnings Call Highlights
['Tyrone Williams']
Daily Political
Non-GAAP operating income increased 16% to $893 million, and non-GAAP earnings per share grew 17% to $1.60.
eBay Motors contributed nearly two percentage points of GMV growth, according to the company.
In the U.K., eBay launched free and easier returns for auto parts, while Canada received eBay Guaranteed Fit and automated fitment capabilities for sellers.
Outlook Raised for Full YearFor the third quarter, eBay forecast consolidated GMV of $22 billion to $22.4 billion, representing foreign-exchange-neutral growth of 10% to 12%.
For the full year, eBay raised its outlook to consolidated FX-neutral GMV growth of 11.5% to 12.5% and revenue growth of 11% to 12%.