EBAY BEATS Q1 ESTIMATES, RAISES Q2 OUTLOOK

The e-commerce platform posted net income of $512 million, up 2% from the prior year, or $1.12 per share. Revenue grew 19% annually, driven by higher transaction volumes across its marketplace. eBay's guidance for the second quarter also exceeded Wall Street estimates, signaling continued momentum heading into the summer months. The company has benefited from sustained consumer demand for online shopping and its focus on expanding seller tools and buyer protections. Gross merchandise volume—the total value of goods sold on the platform—represents a key metric for eBay's health. The 18% increase reflects strong activity among both new and existing sellers navigating the competitive online retail landscape. The results suggest eBay's turnaround efforts under recent leadership are gaining traction after years of competition from Amazon and other platforms.