Summary
eBay Inc. filed an 8-K on October 16, 2003, to announce its financial results for the fiscal quarter ended September 30, 2003. The filing primarily directs investors to a press release (Exhibit 99.1) which contains these results, as well as forward-looking statements for the fourth quarter of 2003 and fiscal year 2004. It is important to note that the press release includes non-GAAP financial measures. eBay explains that these non-GAAP measures are adjusted from GAAP results to exclude certain expenses, gains, and losses, and are provided to enhance investors' understanding of the company's performance and future prospects. The company emphasizes that these non-GAAP measures should be considered in addition to, and not as a substitute for, GAAP results. Investors should refer to the press release for the specific financial figures and the reconciliation of non-GAAP to GAAP measures.
Key Highlights
- 1eBay Inc. announced its Q3 2003 financial results via an 8-K filing on October 16, 2003.
- 2The primary disclosure of financial information is through an attached press release (Exhibit 99.1).
- 3The press release includes financial results for the quarter ended September 30, 2003.
- 4Forward-looking statements regarding Q4 2003 and fiscal year 2004 performance are also included in the press release.
- 5The filing explicitly mentions the use of non-GAAP financial measures in the press release.
- 6eBay states that non-GAAP measures are used to provide a clearer view of core operating results and historical consistency.
- 7Investors are directed to the press release for detailed financial data and reconciliations between GAAP and non-GAAP measures.