What are 'non-GAAP financial measures' and why are they important?

Non-GAAP financial measures are financial metrics that exclude certain items from GAAP (Generally Accepted Accounting Principles) measures. PayPal uses them to provide a view of its performance that may be more indicative of its ongoing operational performance. For investors, it's important to understand what these exclusions are and how they differ from GAAP to get a complete picture of the company's financial health. Reconciliations to GAAP are provided in the press release.

Does this filing contain specific financial numbers for Q3 2018?

This 8-K filing itself does not contain the detailed financial numbers, but it directs investors to Exhibit 99.1, which is a press release dated October 18, 2018. This press release contains the company's specific financial results for the third quarter ended September 30, 2018.

Where can I find more detailed information about PayPal's risks and future outlook?

The press release attached to this 8-K contains forward-looking statements. For a more thorough discussion of factors that could adversely affect PayPal's results, investors should refer to the 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' sections in PayPal's most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q.

PYPL 8-K: Earnings & Results

Q: What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to announce PayPal Holdings, Inc.'s financial results for the third quarter ended September 30, 2018, and to provide investors with the company's press release containing these results.

Summary

PayPal Holdings, Inc. (PYPL) filed an 8-K on October 18, 2018, to announce its financial results for the third quarter ended September 30, 2018. While the filing itself is primarily a notification and includes a press release as an exhibit, the key investor takeaway is the disclosure of these quarterly results. The press release, which is the core of the information provided, details the company's performance and outlook. Investors should note that the filing emphasizes the use of non-GAAP financial measures, such as non-GAAP net income, non-GAAP earnings per diluted share, and free cash flow. These measures are presented alongside GAAP figures and are explained in detail within the accompanying press release. The company also includes forward-looking statements regarding its future expectations and plans. It is crucial for investors to review the full press release for specific financial figures and to understand the risk factors associated with the forward-looking statements.

Key Highlights

1PayPal Holdings, Inc. announced its financial results for the third quarter ended September 30, 2018.
2The 8-K filing includes a press release (Exhibit 99.1) containing the detailed financial results.
3The company presented several non-GAAP financial measures, including non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP operating margin, non-GAAP effective tax rate, and free cash flow.
4Reconciliations between GAAP and non-GAAP financial measures are provided within the attached press release.
5Forward-looking statements concerning future results, expectations, and plans were included in the press release.
6Investors are advised to review risk factors and management's discussion and analysis in the company's 10-K and 10-Q filings for a comprehensive understanding of potential adverse effects.

PayPal Holdings, Inc. 8-K Report, Financial Results (Oct 18, 2018)

Summary

Key Highlights

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