eBay Inc. (NASDAQ: EBAY) reported revenue of $2.6 billion for the first quarter of 2024, up 2% on both a reported basis and foreign exchange (FX) neutral basis.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2024/05/eBay-Q1-2024-Earnings-Infographic-1-608x1024.jpg)
Gross merchandise volume (GMV) was $18.6 billion, up 1% on a reported basis and roughly flat on an FX-neutral basis.
Net income was $438 million, or $0.85 per share, compared to $567 million, or $1.05 per share, last year. Adjusted EPS from continuing operations rose 13% to $1.25.
For the second quarter of 2024, the company expects adjusted EPS of $1.10-1.15.
Prior performance
![eBay Q4 2023 Earnings Infographic](https://cdn.news.alphastreet.com/wp-content/uploads/2024/02/eBay-Q4-2023-Earnings-Infographic-608x1024.jpg)
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