8-KEarnings & ResultsExhibits & Filings

EBAY INC 8-K Report, Financial Results (Jul 16, 2014)

Filed July 16, 2014For Securities:EBAY

Summary

eBay Inc. filed an 8-K on July 16, 2014, to announce its financial results for the second quarter ended June 30, 2014. The report primarily directs investors to an attached press release (Exhibit 99.1) which contains detailed financial information, including both GAAP and non-GAAP measures. Investors should note that the non-GAAP measures, such as non-GAAP net income and earnings per diluted share, may differ from those presented by other companies and are provided as a supplement to, not a substitute for, GAAP results. The company also included forward-looking statements, cautioning investors against undue reliance and referring them to existing SEC filings for a more thorough discussion of risks and potential impacts on future performance.

Key Highlights

  • 1eBay Inc. announced its Q2 2014 financial results on July 16, 2014.
  • 2The 8-K filing primarily incorporates by reference a press release (Exhibit 99.1) containing the detailed financial results.
  • 3The press release includes both GAAP and non-GAAP financial measures, such as non-GAAP net income, non-GAAP earnings per diluted share, and free cash flow.
  • 4Investors are advised that the non-GAAP measures are supplemental and may not be comparable to similar measures used by other companies.
  • 5The filing includes forward-looking statements regarding the company's future performance.
  • 6Investors are directed to eBay's Form 10-K and 10-Q filings for a comprehensive discussion of risk factors and management's analysis of financial condition and results of operations.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce eBay Inc.'s financial results for the quarter ended June 30, 2014, and to furnish a press release containing these results and related financial information.

The filing's accompanying press release discusses key financial metrics, including both GAAP and non-GAAP measures. Notable non-GAAP measures mentioned are non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP operating margin, non-GAAP effective tax rate, and free cash flow.

No, the filing explicitly states that the non-GAAP financial measures used by eBay Inc. may differ from those used by other companies. These non-GAAP measures are not prepared under comprehensive accounting rules and are intended as supplemental information to GAAP results.

For a more thorough discussion of eBay's financial condition, results of operations, and risk factors, investors are directed to the company's most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q, which can be found on the SEC's website or eBay's investor relations website.