PayPal: Q2 EPS up 36%
(CercleFinance.com) - PayPal reports adjusted EPS up 36% to $1.
19 for Q2 2024, and non-GAAP operating profit that is up 24% to $1.46bn, representing a 2.3-point improvement in its margin to 18.5%.
The payment solutions group's revenues rose 8% to $7.88bn (+9% at constant exchange rates), on total payment volumes that are up 11% (both gross and at constant exchange rates) to $416.8bn.
PayPal says that it now expects full-year adjusted EPS growth in the low to mid single-digit range, rather than in the mid to high single-digit range.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
19 for Q2 2024, and non-GAAP operating profit that is up 24% to $1.46bn, representing a 2.3-point improvement in its margin to 18.5%.
The payment solutions group's revenues rose 8% to $7.88bn (+9% at constant exchange rates), on total payment volumes that are up 11% (both gross and at constant exchange rates) to $416.8bn.
PayPal says that it now expects full-year adjusted EPS growth in the low to mid single-digit range, rather than in the mid to high single-digit range.
Copyright (c) 2024 CercleFinance.com. All rights reserved.