8-KEarnings & ResultsExhibits & Filings

EBAY INC 8-K Report, Financial Results (Jan 16, 2013)

Filed January 16, 2013For Securities:EBAY

Summary

eBay Inc. filed an 8-K on January 16, 2013, to announce its financial results for the fourth quarter and full year ended December 31, 2012. The report 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 non-GAAP measures presented, such as non-GAAP net income and earnings per share, may differ from those used by other companies and are not prepared under comprehensive accounting rules. The press release offers reconciliations for these non-GAAP measures to their nearest GAAP equivalents, providing transparency into eBay's performance metrics. Furthermore, the filing contains forward-looking statements regarding eBay's future performance. Investors are advised to consult eBay's most recent Form 10-K and subsequent 10-Q filings for a more comprehensive discussion of risks and the company's financial condition. This 8-K is primarily a notification of the earnings release and does not represent a comprehensive update to the company's financial filings.

Key Highlights

  • 1eBay Inc. announced its financial results for the quarter and year ended December 31, 2012, via an 8-K filing on January 16, 2013.
  • 2The filing's primary content is a press release (Exhibit 99.1) detailing these financial results.
  • 3The press release includes both GAAP and non-GAAP financial measures, such as non-GAAP net income and non-GAAP earnings per diluted share.
  • 4eBay utilizes non-GAAP measures like non-GAAP operating margin, non-GAAP effective tax rate, and free cash flow.
  • 5Reconciliations for non-GAAP measures to their comparable GAAP measures are provided within the attached press release.
  • 6The report contains forward-looking statements about eBay's future performance.
  • 7Investors are directed to Form 10-K and 10-Q filings for a more detailed risk assessment and business outlook.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce eBay Inc.'s financial results for the quarter and full year ended December 31, 2012, and to furnish a press release containing these results and related information.

The press release includes both Generally Accepted Accounting Principles (GAAP) financial measures and non-GAAP financial measures. Non-GAAP measures include non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP operating margin, non-GAAP effective tax rate, and free cash flow.

Investors can find more detailed information about eBay's financial condition, results of operations, and risk factors in the company's most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q, which are available on eBay's investor relations website and the SEC's website.

While the press release provides non-GAAP measures, investors should be aware that these are not prepared under comprehensive accounting rules and may differ from similar measures used by other companies. The filing directs investors to reconciliations within the press release for a better understanding of how these non-GAAP measures relate to GAAP measures.