eBay (EBAY) Q4 Earnings Surpass Estimates, Revenues Rise Y/Y

eBay Inc. (EBAY) reported fourth-quarter 2023 non-GAAP earnings of $1.07 per share, which beat the Zacks Consensus Estimate by 3.9%. The bottom line was flat year over year.Net revenues of $2.6 billion surpassed the Zacks Consensus Estimate of $2.5 billion. The figure increased 2% from the year-ago quarter on a reported basis and 3% on an FX-neutral basis.Strengthening momentum across advertising offerings of EBAY was a tailwind.eBay’s first-party advertising products generated revenues of $368 million, up ...