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Benzinga

Business

Akanksha Bakshi

YOU WONT BELIEVE: Ebay stock plunges after q1 results q2 outlook below consensus | Mind Blowing Facts

eBay eBay Inc Nasdaq

eBay Inc (NASDAQ:EBAY) reported a first-quarter revenue decline of 6% year-over-year to $2.48 billion and -5.9% on a foreign exchange neutral basis, beating the consensus of $2.46 billion.

Gross Merchandise Volume of $19.4 billion, down 20% on an as-reported basis and down 17% on an FX-Neutral basis.

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