Summary
eBay Inc. (EBAY) filed an 8-K on July 20, 2011, to announce its financial results for the second quarter ended June 30, 2011. The report primarily directs investors to an attached press release (Exhibit 99.1) for detailed financial information, including both GAAP and non-GAAP measures. The company emphasizes that the non-GAAP measures, such as non-GAAP net income and earnings per diluted share, are provided for additional context and may differ from those used by other companies, stressing the importance of consulting the reconciliations provided within the press release. Investors should note that this filing does not constitute a formal incorporation of the press release into the company's SEC filings. The press release also contains forward-looking statements about eBay's future performance. Investors are advised to refer to eBay's most recent Form 10-K and 10-Q filings for a comprehensive understanding of risk factors and a more thorough discussion of financial condition. Reliance on the forward-looking statements should be tempered, as eBay has no obligation to update them.
Key Highlights
- 1eBay Inc. announced its Q2 2011 financial results on July 20, 2011.
- 2The 8-K filing refers investors to an attached press release (Exhibit 99.1) for detailed financial results.
- 3The press release includes non-GAAP financial measures such as non-GAAP net income, EPS, operating margin, tax rate, and free cash flow.
- 4eBay clarifies that its non-GAAP measures may differ from those of other companies and provides reconciliations to comparable GAAP measures.
- 5The company advises investors to consider the press release in conjunction with its SEC filings (10-K and 10-Q) for a complete financial picture.
- 6Forward-looking statements are included in the press release, with a disclaimer that eBay is not obligated to update them.