8-KEarnings & ResultsExhibits & Filings

EBAY INC 8-K Report, Financial Results (Jul 22, 2009)

Filed July 22, 2009For Securities:EBAY

Summary

This Form 8-K filing by eBay Inc. reports its financial results for the quarter ended June 30, 2009. The company announced its earnings and provided an update on its financial condition, utilizing several non-GAAP financial measures such as non-GAAP net income, non-GAAP earnings per diluted share, and free cash flow. These non-GAAP measures are presented alongside GAAP figures and are intended to offer additional insights into the company's performance, with reconciliations provided in the accompanying press release. Investors should note that this report primarily refers to information contained within a press release (Exhibit 99.1) and does not contain newly filed financial statements. The filing also includes forward-looking statements, with a caution that actual results may differ due to various risk factors detailed in eBay's forthcoming Form 10-Q for the same period.

Key Highlights

  • 1eBay Inc. announced its financial results for the quarter ended June 30, 2009, via a press release filed as an exhibit.
  • 2The company utilized and disclosed non-GAAP financial measures including non-GAAP net income, non-GAAP EPS, non-GAAP operating margin, non-GAAP effective tax rate, and free cash flow.
  • 3Reconciliations between GAAP and non-GAAP financial measures, as well as explanations for their use, are available in the referenced press release.
  • 4Forward-looking statements regarding eBay's future performance are included in the press release.
  • 5Potential investors are directed to eBay's upcoming Form 10-Q for the quarter ended June 30, 2009, for a more comprehensive discussion of risk factors and management's analysis.
  • 6The information furnished in this 8-K is not deemed 'filed' for Section 18 purposes and should not be incorporated by reference into other filings.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce eBay Inc.'s financial results for the quarter ended June 30, 2009. It also includes references to non-GAAP financial measures and forward-looking statements.

The detailed financial results, including GAAP and non-GAAP figures, along with their reconciliations and forward-looking statements, are provided in the press release dated July 22, 2009, which is attached as Exhibit 99.1 to this 8-K filing.

The filing states that the non-GAAP financial measures used by eBay may differ from those used by other companies. These measures are not prepared under comprehensive accounting rules and are presented as a supplement to, not a substitute for, GAAP financial information. Reconciliations are provided in the press release.

For a more thorough discussion of eBay's financial condition, results of operations, and risk factors, investors should refer to eBay's Quarterly Report on Form 10-Q for the quarter ended June 30, 2009, which was to be filed with the SEC during the third quarter of 2009.