eBay Inc. Reports Better Than Expected First Quarter 2022 Results

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Revenue of $2.5 billion, down 6% on an as-reported basis and down 5% on an FX-Neutral basis
Gross Merchandise Volume of $19.4 billion, down 20% on an as-reported basis and down 17% on an FX-Neutral basis
GAAP and Non-GAAP EPS per diluted share of $(2.28) and $1.05, respectively, on a continuing operations basis
GAAP and Non-GAAP operating margin of 27.9% and 32.4%, respectively
Returned $1.4 billion to shareholders in Q1, including $1.25 billion of share repurchases and $129 million paid in cash dividends

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