eBay Inc

EBAY: XNAS (USA)
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EBay Earnings: Core Strategic Priorities Drive Broad-Based GMV Growth; Shares Overvalued

EBay's first-quarter results featured organic gross merchandise volume growth of 18% to $22.2 billion and adjusted EPS of $1.66, up 20%. While gross margin expanded 200 basis points to 74%, management reinvested this upside into their tech stack as well as marketing to fuel buyer acquisition.

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