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Tuesday, May 7, 2024
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EBay beats quarterly revenue estimates

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(Reuters) – E-commerce platform eBay beat market expectations for quarterly revenue on Tuesday, helped by healthy consumer spending during the holiday season and strength in its focus categories such as refurbished goods and auto parts.

The company reported revenue of $2.56 billion, beating analysts’ average estimate of $2.51 billion, according to LSEG data.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Pooja Desai)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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