8-KEarnings & ResultsExhibits & Filings

EBAY INC 8-K Report, Financial Results (Oct 20, 2010)

Filed October 20, 2010For Securities:EBAY

Summary

eBay Inc. filed an 8-K on October 20, 2010, to report its financial results for the quarter ended September 30, 2010. The report primarily directs investors to an attached press release (Exhibit 99.1) for detailed financial performance information and forward-looking statements. This filing emphasizes the use of non-GAAP financial measures, such as non-GAAP net income, earnings per diluted share, revenue excluding Skype, and free cash flow. While these measures are presented to offer a clearer view of ongoing operational performance, investors are advised to review the reconciliations to GAAP measures provided in the press release. The report also includes standard disclaimers regarding forward-looking statements and encourages investors to consult eBay's SEC filings for a comprehensive understanding of risks and financial condition.

Key Highlights

  • 1eBay Inc. announced its third-quarter 2010 financial results on October 20, 2010.
  • 2The 8-K filing includes a press release (Exhibit 99.1) containing the detailed financial results.
  • 3The company utilizes several non-GAAP financial measures, including non-GAAP net income, EPS, revenue excluding Skype, and free cash flow.
  • 4Investors are directed to the press release for reconciliations between non-GAAP and GAAP financial measures.
  • 5The filing contains forward-looking statements regarding eBay's future performance.
  • 6Standard legal disclaimers are included, advising investors not to place undue reliance on forward-looking statements and to consult full SEC filings for risk factors and MD&A.
  • 7The report indicates that the furnished information is not deemed 'filed' for Section 18 purposes.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report eBay Inc.'s financial results for the third quarter ended September 30, 2010, and to provide investors with access to the official press release detailing these results.

The filing highlights several non-GAAP financial measures, including non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP revenue excluding Skype, and free cash flow. It also mentions GAAP measures but directs investors to the press release for specifics.

eBay uses non-GAAP financial measures to provide a clearer view of its ongoing operational performance. The press release, referenced in the 8-K, includes explanations for why these measures are presented and reconciliations to the nearest comparable GAAP measures.

Investors are directed to the press release attached as Exhibit 99.1 for detailed financial results and forward-looking statements. For a more thorough discussion of risks and financial condition, investors should consult eBay's most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q, available on the company's investor relations website or the SEC's website.