eBay reports Q3 revenue up 9% YoY to $2.82B, vs. $2.73B est., GMV up 10% to $20.1B, and forecasts Q4 profit below estimates; EBAY drops 6%+ after hours (Spencer Soper/Bloomberg)
NegativeArtificial Intelligence

eBay's recent Q3 report shows a 9% year-over-year revenue increase to $2.82 billion, surpassing estimates. However, the company's forecast for Q4 profit fell short of expectations, leading to a significant drop of over 6% in after-hours trading. This news is crucial as it highlights the challenges eBay faces in maintaining investor confidence during the holiday season, a critical period for retail sales.
— Curated by the World Pulse Now AI Editorial System







