eBay Inc. has reported its financial results for the fiscal year 2024, highlighting a revenue of $10.3 billion, which marks a 2% increase compared to the previous year on both an as-reported and FX-Neutral basis. The company achieved a Gross Merchandise Volume $(GMV.AU)$ of $74.7 billion, reflecting a 2% rise year-over-year on an as-reported basis and a 1% increase on an FX-Neutral basis. The GAAP operating margin stood at 22.5%, while the non-GAAP operating margin was higher at 28.1%. eBay's GAAP earnings per diluted share $(EPS)$ reached $3.95, with the non-GAAP EPS at $4.88. The company generated $2.4 billion in operating cash flow and $2.0 billion in free cash flow over the year. In terms of shareholder returns, eBay repurchased $3.1 billion worth of common stock and distributed $533 million in cash dividends. The company also emphasized its commitment to enhancing the ecommerce experience for its community of buyers and sellers, as evidenced by its strategic initiatives in advertising, financial services, and shipping. eBay closed the year with three consecutive quarters of FX-neutral year-over-year growth in GMV, totaling $75 billion. The company continues to focus on reinventing the future of ecommerce, with a significant emphasis on serving its 134 million active buyers and managing 2.3 billion live listings across more than 190 markets.
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