real-time news and commentary for investors
Wednesday, Apr 17
More on eBay: Q2 guidance is for revenue of $3.8B-$3.9B and EPS of $0.61-$0.63, below a...
More on eBay: Q2 guidance is for revenue of $3.8B-$3.9B and EPS of $0.61-$0.63, below a consensus of $3.95B and $0.66. 2013 guidance unchanged (previous). Q1 PayPal revenue +18% Y/Y, payment volume +21% (both were +24% in Q4). PayPal active accounts +4% Q/Q and +16% Y/Y to 128M. Marketplaces revenue and GMV +13% (were +16% in Q4), driven by 16% U.S. GMV growth and 17% growth in fixed-price item GMV (68% of total). Marketplaces active users +3% Q/Q and +13% Y/Y to 116M. $476M in buybacks. Opex +9% Y/Y, less than rev. growth. 2.8M customers added via mobile. EBAY -2.5% AH. CC at 5PM ET (webcast). (PR) (slides)