PayPal sees flat profit in ‘transition year’, shares fall

PayPal posted a fourth-quarter adjusted profit of $1.48 a share for the three months ended Dec 31. Analysts on average had expected $1.36 per share, according to LSEG data.
Revenue rose 9% to $8 billion in the quarter, on a currency-neutral basis, also beating expectations of $7.87 billion.

Source: https://www.reuters.com/technology/paypal-beats-q4-profit-estimates-2024-02-07/



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