eBay (NASDAQ: EBAY) is still working on that soft landing. The online marketplace business recently reported another quarter of weakening growth metrics as e-commerce slows following soaring demand in 2021. Management projected further declines ahead in 2022.
The company had some good news for investors, though, including growing volumes in a few key niches as well as solid cash flow. These wins suggest the business might return to a more normal sales and earnings pace by 2023.
Let's dive right in.
Source Fool.com