8-KEarnings & ResultsExhibits & Filings

EBAY INC 8-K Report, Financial Results (Oct 18, 2006)

Filed October 18, 2006For Securities:EBAY

Summary

eBay Inc. (EBAY) filed an 8-K on October 18, 2006, to announce its financial results for the third quarter ended September 30, 2006. The report primarily directs investors to a furnished press release (Exhibit 99.1) which contains detailed financial information, including both GAAP and non-GAAP measures. Notably, the company disclosed its performance in terms of non-GAAP net income, earnings per diluted share, operating income, operating margin, effective tax rate, and free cash flows, while also providing figures that exclude stock-based compensation. The press release also includes forward-looking statements regarding eBay's financial outlook for the remainder of fiscal year 2006 and for the full year 2007. Investors are encouraged to review the full press release for a comprehensive understanding of these results and the accompanying forward-looking guidance, with the understanding that these non-GAAP measures may differ from those reported by other companies and should be considered alongside GAAP financials.

Key Highlights

  • 1eBay Inc. announced its third-quarter 2006 financial results on October 18, 2006.
  • 2The company furnished a press release (Exhibit 99.1) containing detailed financial results and forward-looking statements.
  • 3The announcement includes several non-GAAP financial measures such as non-GAAP net income, EPS, operating income, and free cash flows.
  • 4Results also exclude the impact of stock-based compensation and present corresponding percentages of net revenues.
  • 5eBay provided forward-looking guidance for the remainder of fiscal year 2006 and the full year 2007.
  • 6Investors are directed to the press release for reconciliations of non-GAAP measures to the nearest GAAP equivalents.
  • 7The information is furnished and not deemed 'filed' for certain SEC purposes.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce eBay Inc.'s financial results for the third quarter ended September 30, 2006, and to furnish the accompanying press release which contains these results and forward-looking statements.

The filing highlights that the accompanying press release includes non-GAAP financial measures such as non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP operating income, non-GAAP operating margin, non-GAAP effective tax rate, and free cash flows. It also mentions GAAP amounts excluding stock-based compensation.

This 8-K filing itself does not contain the specific financial numbers. It refers investors to Exhibit 99.1, a press release dated October 18, 2006, which contains the detailed financial results and reconciliations to GAAP.

Investors should be aware that the financial measures presented, particularly the non-GAAP measures, may differ from those used by other companies. They should review the 'Unaudited Reconciliation of GAAP to Non-GAAP Condensed Consolidated Statement of Income' within the press release for a clear understanding of how these non-GAAP measures are derived and why eBay includes them, alongside the standard GAAP information.