8-KEarnings & ResultsExhibits & Filings

EBAY INC 8-K Report, Financial Results (Jul 20, 2011)

Filed July 20, 2011For Securities:EBAY

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.

Frequently Asked Questions

eBay's Q2 2011 financial results are primarily detailed in the press release attached as Exhibit 99.1 to the 8-K filing dated July 20, 2011.

Non-GAAP financial measures, such as non-GAAP net income and earnings per diluted share, are financial metrics that exclude certain items from GAAP results to provide what eBay believes is a more useful view of its ongoing operational performance. The company provides reconciliations to the nearest GAAP measures in the attached press release for transparency.

No, investors should not rely solely on the press release. The filing indicates that a more thorough discussion of eBay's financial condition, results of operations, and risk factors can be found in its most recent Form 10-K and subsequent Form 10-Q filings.

No, the filing explicitly states that the information is being furnished and shall not be deemed 'filed' for purposes of Section 18 of the Exchange Act, nor incorporated by reference into other filings, unless expressly stated otherwise.