Summary
This Form 8-K/A filing by eBay Inc. serves as an amendment to a prior report filed on January 19, 2011. The primary purpose of this amendment is to correct a typographical error within the previously issued press release regarding the company's fourth quarter and full year 2010 financial highlights. Specifically, the "Marketplaces - Gross merchandise volume (excl. vehicles) - International" for the full year 2010 has been corrected to $33,116 million, an increase from the initially reported $31,116 million. This correction also adjusts the year-over-year change figures to $4,382 million and 15% from the initially stated $2,382 million and 8%. Investors should note that the original press release announced eBay's financial results for the period ended December 31, 2010. The filing emphasizes the use of non-GAAP financial measures, providing reconciliations and explanations for their inclusion. While this amendment focuses on a specific data correction, the underlying financial results and forward-looking statements from the January 19th release remain relevant, subject to the risks and disclosures outlined in eBay's SEC filings.
Key Highlights
- 1Amendment to Form 8-K filed on January 19, 2011, to correct a financial reporting error.
- 2Typographical error corrected in the 'Marketplaces - Gross merchandise volume (excl. vehicles) - International' for the full year 2010.
- 3Full year 2010 International GMV (excl. vehicles) corrected from $31,116 million to $33,116 million.
- 4Year-over-year change for International GMV (excl. vehicles) corrected to $4,382 million (15%) from $2,382 million (8%).
- 5The amendment does not alter other information previously reported, including the announcement of Q4 and full year 2010 financial results.
- 6The filing reiterates the use of non-GAAP financial measures and directs readers to reconciliations and disclosures in the original press release and SEC filings.