Summary
eBay Inc. (EBAY) filed an 8-K on October 19, 2011, to report its financial results for the fiscal quarter ended September 30, 2011. The filing primarily directs investors to an attached press release (Exhibit 99.1) for detailed financial performance information. This press release includes both GAAP and non-GAAP financial measures, such as non-GAAP net income, earnings per diluted share, operating margin, effective tax rate, and free cash flow. Investors are advised to review the press release for reconciliations and explanations of these non-GAAP metrics, as they are not prepared under GAAP and may differ from measures used by other companies. The report also notes that the press release contains forward-looking statements about eBay's future performance. The company cautions against undue reliance on these statements and reminds investors that a more comprehensive discussion of risks and operational factors can be found in its most recent Form 10-K and subsequent 10-Q filings. eBay does not assume an obligation to update any forward-looking statements made in the press release.
Key Highlights
- 1eBay Inc. announced its financial results for the quarter ended September 30, 2011, via an 8-K filing.
- 2The primary information source for the quarter's results is an attached press release (Exhibit 99.1).
- 3The press release includes both GAAP and non-GAAP financial measures, including non-GAAP net income and EPS.
- 4Non-GAAP financial measures presented are not prepared under comprehensive accounting rules and require careful review for reconciliation to GAAP.
- 5Reconciliations and explanations for non-GAAP measures are provided within the attached press release.
- 6The filing contains forward-looking statements regarding future performance, with a cautionary note regarding reliance and potential updates.
- 7Investors are directed to Form 10-K and 10-Q filings for a more thorough discussion of risks and financial condition.