eBay (EBAY) reported Q1 non-GAAP earnings Wednesday of $1.38 per diluted share, up from $1.25 a year earlier.

Analysts polled by FactSet expected $1.34.

Net revenue for the quarter ended March 31 was $2.59 billion, up from $2.56 billion a year earlier.

Analysts surveyed by FactSet expected $2.55 billion.

The company expects Q2 diluted non-GAAP EPS between $1.24 and $1.31 and revenue between $2.59 billion and $2.66 billion.

Analysts polled by FactSet expect $1.29 and $2.60 billion.

Also, eBay's board maintained cash dividend of $0.29 per share, payable on June 13 to stockholders of record as of May 30.