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PayPal reports Q3 net revenue up 6% YoY to $7.9B, below est., total payments volume up 9% YoY to $422.6B, above $421.6B est., and projects Q4 revenue


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2024-10-29 15:57:27
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Cybersecurity Business

Paige Smith / Bloomberg:

PayPal reports Q3 net revenue up 6% YoY to $7.9B, below est., total payments volume up 9% YoY to $422.6B, above $421.6B est., and projects Q4 revenue below est.  —  Revenue will climb in the low single-digit range in the final three months of the year, the company said Tuesday, while analysts had been predicting a 5.4% increase.




Paige Smith / Bloomberg:

PayPal reports Q3 net revenue up 6% YoY to $7.9B, below est., total payments volume up 9% YoY to $422.6B, above $421.6B est., and projects Q4 revenue below est.  —  Revenue will climb in the low single-digit range in the final three months of the year, the company said Tuesday, while analysts had been predicting a 5.4% increase.



Source: TechMeme
Source Link: http://www.techmeme.com/241029/p18#a241029p18


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