PayPal Reports Strong Q2 Earnings, Boosting Stock Prices

Reported 3 months ago

PayPal (PYPL) saw its shares rise following the announcement of its Q2 earnings that exceeded expectations in both revenue and profit, with reported revenue of $7.89 billion outperforming estimates of $7.82 billion. Adjusted earnings per share also surpassed projections at $1.19, leading the company to raise its full-year profit outlook, which further fueled investor confidence.

Source: YAHOO

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