19 Oct

PayPal’s quarter exceeded expectations across the board

 PayPal, the digital payments company, shared its growing financials after the bell on Thursday. Shares ticked up about 4% in initial after-hours trading.
The company beat Wall Street’s expectations for the third quarter, posting an adjusted 46 cents per share. Analysts had been predicting 43 cents.
Revenue was also above the bar, with $3.24 billion, versus the $3.16 billion forecast. Read More
Source: TechCrunch – Funding and Exits

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