eBay beats with Q2 revenue down 9% YoY to $2.4B, vs. $2.37B est., gross merchandise volume down 18% YoY to $18.5B, and Q3 guidance above estimates (Yuvraj Malik/Reuters)

Yuvraj Malik / Reuters:

eBay beats with Q2 revenue down 9% YoY to $2.4B, vs. $2.37B est., gross merchandise volume down 18% YoY to $18.5B, and Q3 guidance above estimates  —  EBay Inc (EBAY.O)surpassed Wall Street estimates for second-quarter revenue on Wednesday as online shopping held steady in the face of rising inflation, sending shares up 4%.