E-commerce platform eBay Inc. (NASDAQ: EBAY) on Wednesday reported financial results for the second quarter of 2023. The company also provided guidance for the third quarter.
Revenues came in at $2.54 billion in the June quarter, compared to $2.42 billion in the corresponding period of 2022. Net income, excluding special items, was $1.03 per share vs. $0.99 per share in the prior-year period.
The company reported an unadjusted profit of $171 million or $0.32 per share for the second quarter, compared to a loss of $531 million or $0.95 per share in the same period of last year.
Prior Performance
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