eBay (EBAY) Q1 Earnings & Revenues Beat Estimates, Rise Y/Y

eBay Inc. (EBAY) reported first-quarter 2024 non-GAAP earnings of $1.25 per share, which beat the Zacks Consensus Estimate by 4.2%. The bottom line was up 13% year over year.Net revenues of$ 2.56 billion surpassed the Zacks Consensus Estimate of $2.53 billion. The figure increased 2% from the year-ago quarter on a reported and FX-neutral basis.Strengthening momentum across advertising offerings of EBAY was a tailwind.eBay’s first-party advertising products generated revenues of$ 370 million, up 30% on a rep ...