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eBay Stock Surges as Quarterly Results Exceed Expectations
eBay Stock Surges as Quarterly Results Exceed Expectations
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BTCCSquare news:
eBay shares soared 19% on Thursday, outperforming all S&P 500 components after reporting stronger-than-expected Q2 results. Revenue climbed 6% year-over-year to $2.73 billion, while adjusted earnings reached $1.37 per share. Gross merchandise volume ROSE 6% to $19.5 billion, signaling robust platform activity.
The e-commerce giant's upbeat Q3 guidance of $2.69-$2.74 billion revenue and $1.29-$1.34 EPS further fueled investor optimism. This performance marks a continuation of eBay's 2025 rally, with shares gaining nearly 50% year-to-date.
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