PayPal: Q4 EPS up 19%

(CercleFinance.com) - On Wednesday evening, PayPal reported adjusted EPS growth of 19% to $1.
48 for Q4 2023, as well as non-GAAP operating profit that is up 11% to $1.9bn, representing a 0.4-point margin improvement to 23.3%.

The payment solutions group's revenues rose 9% to $8bn, both in gross terms and excluding currency effects, on total payment volumes that are up 15% at $409.8bn.

PayPal thus posted FY 2023 adjusted EPS that is up 24% to $5.10 (a level it expects to maintain for the year ahead), as well as revenues that rose 8% to $29.8bn.


Copyright (c) 2024 CercleFinance.com. All rights reserved.