8-KEarnings & ResultsExhibits & Filings

EBAY INC 8-K Report, Financial Results (Jul 20, 2017)

Filed July 20, 2017For Securities:EBAY

Summary

eBay Inc. (EBAY) filed an 8-K report on July 20, 2017, to announce its financial results for the second quarter ended June 30, 2017. The primary purpose of this filing is to provide investors with the company's quarterly performance, which includes both GAAP and non-GAAP financial measures. The report highlights that the company has released a press release (Exhibit 99.1) containing these financial results and other relevant information. Investors should note that while the press release offers insights into eBay's operational and financial condition, it includes non-GAAP financial measures such as non-GAAP net income, earnings per diluted share, operating margin, effective tax rate, and free cash flow. The company emphasizes that these non-GAAP measures may differ from those used by other companies and are not a substitute for GAAP financial information. The filing also directs investors to the company's 10-K and 10-Q filings for a more comprehensive understanding of risk factors and management's discussion on financial condition and results of operations.

Key Highlights

  • 1eBay Inc. announced its financial results for the second quarter ended June 30, 2017, via an 8-K filing on July 20, 2017.
  • 2The report includes a press release (Exhibit 99.1) detailing the company's financial performance for the quarter.
  • 3Key financial measures reported include both GAAP and non-GAAP figures.
  • 4Non-GAAP financial measures disclosed in the press release are non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP operating margin, non-GAAP effective tax rate, and free cash flow.
  • 5The company explicitly states that its non-GAAP measures may not be comparable to those of other companies and should be considered alongside GAAP financial information.
  • 6Investors are directed to SEC filings (10-K, 10-Q) for a deeper analysis of risk factors and management's discussion.
  • 7The filing serves as a notification of the financial results release, with detailed information provided in the attached press release.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce eBay Inc.'s financial results for the second quarter ended June 30, 2017, and to provide investors with access to the press release containing these results.

The filing discusses both GAAP (Generally Accepted Accounting Principles) financial results and several non-GAAP financial measures. The 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.

Detailed financial information, including reconciliations of non-GAAP measures to their nearest GAAP equivalents, explanations of why these non-GAAP measures are used, risk factors, and management's discussion of financial condition and results of operations, can be found in eBay's most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q, as well as within the attached press release (Exhibit 99.1).

eBay Inc. states that its non-GAAP financial measures may be different from non-GAAP financial measures used by other companies. Therefore, they should not be considered in isolation or as a substitute for GAAP measures and may not be directly comparable to similar measures reported by other entities.