PayPal pops after-market as revenue, EPS beat expectations

PayPal pops after-market as revenue, EPS beat expectations


TheBlock
2022-08-02 20:37:12

PayPal surged nearly 13% after the close after reporting transaction revenue of $6.27 billion, up 8% from the year earlier. Transaction revenue, which accounts for 92% of all revenue, includes fees for the purchase and sale of cryptocurrencies. The company reported total revenue of $6.8 billion, up 9% on the year, and besting the estimate […]