8-KEarnings & ResultsExhibits & Filings

EBAY INC 8-K Report, Financial Results (Jan 19, 2011)

Filed January 19, 2011For Securities:EBAY

Summary

eBay Inc. (EBAY) filed an 8-K report on January 19, 2011, to announce its financial results for the fourth quarter and full year ended December 31, 2010. The filing primarily serves as a vehicle to furnish a press release containing these results, which includes both GAAP and non-GAAP financial measures. Investors should note that the press release details various non-GAAP metrics such as non-GAAP net income, earnings per diluted share, and revenue, with and without the impact of Skype, alongside operating margin, effective tax rate, and free cash flow. The company explicitly states that these non-GAAP measures are not prepared in accordance with GAAP and may differ from those of other companies. The press release also contains forward-looking statements about eBay's future performance. Investors are directed to eBay's most recent Form 10-K and 10-Q filings for a more comprehensive discussion of risks and financial conditions, and are cautioned against placing undue reliance on the forward-looking statements.

Key Highlights

  • 1eBay Inc. announced Q4 and full-year 2010 financial results on January 19, 2011, via an 8-K filing.
  • 2The filing primarily disseminates a press release containing the company's financial performance.
  • 3Both GAAP and various non-GAAP financial measures are presented in the press release.
  • 4Key non-GAAP metrics include net income, earnings per share, revenue (with/without Skype), operating margin, tax rate, and free cash flow.
  • 5eBay warns that its non-GAAP measures may differ from those of other companies and are not prepared under comprehensive GAAP.
  • 6The press release includes forward-looking statements regarding future performance.
  • 7Investors are referred to 10-K and 10-Q filings for detailed risk factors and financial discussions.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce and furnish eBay Inc.'s financial results for the fourth quarter and full year ended December 31, 2010, through an attached press release.

eBay reports both Generally Accepted Accounting Principles (GAAP) financial measures and several non-GAAP financial measures. The non-GAAP measures include metrics like non-GAAP net income, non-GAAP earnings per diluted share, and non-GAAP revenue, both with and without the impact of Skype.

eBay states that its non-GAAP financial measures may differ from those used by other companies. These measures are not prepared under a comprehensive set of accounting rules and should be considered in conjunction with, and not as a substitute for, GAAP financial information.

Investors are directed to eBay's most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q for a more thorough discussion of the company's risk factors and financial condition.