Exhibit 99.1

EX-99.1 3 f89397a1exv99w1.htm EXHIBIT 99.1 Exhibit 99.1

EXHIBIT 99.1

eBay Inc.
Guidance Summary
(U.S. Dollars in Millions, Except Per Share Amounts)


	Three months ending June 30, 2003

	GAAP			Adjustments					Pro Forma

Net revenue	$	500			—				$	500
Operating margin		27	%		4	%	(a	)		31	%
Diluted EPS	$	0.30		$	0.03		(b	)	$	0.33


	Three months ending September 30, 2003

	GAAP			Adjustments					Pro Forma

Net revenue	$	510			—				$	510
Operating margin		28	%		3	%	(a	)		31	%
Diluted EPS	$	0.30		$	0.03		(b	)	$	0.33


	Three months ending December 31, 2003

	GAAP			Adjustments					Pro Forma

Net revenue	$	564			—				$	564
Operating margin		30	%		2	%	(a	)		32	%
Diluted EPS	$	0.35		$	0.04		(b	)	$	0.39

(a) Pro forma guidance reflects estimated adjustments for amortization of acquired intangible assets of approximately $12 million, payroll taxes on employee stock options of approximately $4 million, stock based compensation of approximately $1million, and other adjustments estimated to result in an operating margin adjustment of 4% for the three months ending June 30, 2003, 3% for the three months ending September 30, 2003, and 2% for the three months ending December 31, 2003.

(b) Net of tax, the above pro forma items resulted in a $0.03 per diluted share adjustment for the three months ending June 30, 2003 and September 30, 2003 and a $0.04 per diluted share adjustment for the three months ending December 31, 2003.

(a)		Pro forma guidance reflects estimated adjustments for amortization of acquired intangible assets of approximately $12 million, payroll taxes on employee stock options of approximately $4 million, stock based compensation of approximately $1million, and other adjustments estimated to result in an operating margin adjustment of 4% for the three months ending June 30, 2003, 3% for the three months ending September 30, 2003, and 2% for the three months ending December 31, 2003.

(b)		Net of tax, the above pro forma items resulted in a $0.03 per diluted share adjustment for the three months ending June 30, 2003 and September 30, 2003 and a $0.04 per diluted share adjustment for the three months ending December 31, 2003.