PayPal reports $6.85 billion in Q3 net revenue, beats Wall Street estimate

11/04 00:33

Digital payments firm PayPal reported net revenue of $6.85 billion for the third quarter of 2022. The Wall Street consensus was $6.82 billion, according to Factset. Net revenue rose 11% year-over-year, PayPal said in its earnings release. GAAP earnings per share came in at $1.15 compared to the Street estimate of $0.96. EPS rose 26% year-over-year. PayPal said that its total volume of payments grew 9% quarter-over-quarter, reaching $337 billion for the period. Venmo accounted for $63.6 billion of the quarterly figure. "We delivered strong third quarter results," President and CEO Dan Schulman said. "We will continue to invest against our key priorities to advance our leading position in digital payments and commerce." Earlier this year, PayPal beefed up its crypto wallet functions, adding the ability to send funds between PayPal and other wallets, a long-sought feature by users. PayPal first began offering crypto purchases in late 2020 through a partnership with Paxos.
bullishbullishbullish3bearishbearishbearish2按讚分享
免責聲明以上內容不代表 HTX 的任何立場HTX 不為任何交易提供相關決策建議

相關文章

  • Image

    What does CoreWeave’s $8.5 billion GPU-backed loan mean for Bitcoin mining?

  • Image

    Ethereum Attracts Non-Stop Buying From Public Companies – Here Are The Numbers

  • Image

    Ethereum weakens as U.S. investors remain bearish: Will ETH fall below $2K?

全部評論0最新熱門

avatar
最新熱門

相關文章

  • Image

    What does CoreWeave’s $8.5 billion GPU-backed loan mean for Bitcoin mining?

  • Image

    Ethereum Attracts Non-Stop Buying From Public Companies – Here Are The Numbers

  • Image

    Ethereum weakens as U.S. investors remain bearish: Will ETH fall below $2K?