InvestorsKeyhole Morning News Leader

Morning News Leader: eBay (EBAY) Gaps Higher on Q1 Earnings Beat

eBay Inc. (EBAY) is up 4.7% Wednesday. The company reported first-quarter earnings after the close Tuesday of 67 cents per share versus the consensus 63 cents. Revenue for the quarter of $2.64 billion topped the consensus $2.58 billion.

eBay Inc. (EBAY) operates an online commerce platform.

Domino’s Pizza, Inc. (DPZ) and SAP SE (SAP) top the list of other companies with positive news today, while iRobot Corporation (IRBT) and Caterpillar Inc. (CAT) top the list of companies with negative news.

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About eBay Inc.

With $95 billion in gross merchandise volume facilitated in 2018, eBay's Marketplace facilitated nearly 4% of the $2.6 trillion global online commerce market. EBay's strategic priorities include revitalizing its Marketplace platform by emphasizing its unique product assortment and value proposition, improving the seller and buyer experience, utilizing structured data/artificial intelligence for listing searches, promoted listing advertising, and improving its mobile commerce capabilities. EBay partnered with Netherlands-based Adyen for payment intermediation beginning in 2018.

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