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Stock impact report

New Products And Tie-Ups Help PayPal Grow [Seeking Alpha]

PayPal Holdings, Inc. (PYPL) 
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
Company Research Source: Seeking Alpha
Summary PayPal (NASDAQ: PYPL ) recently reported third quarter results that surpassed all market expectations as it continues to grow rapidly through strategic tie-ups and the launch of newer products. PayPal's Financials PayPal's revenues of $3.68 billion grew 14% over the year, and were ahead of the Street's forecast of $3.66 billion. Non GAAP EPS of $0.58 was up 26% y-o-y and $0.04 better than the market's estimate for the quarter. By nature of services, PayPal's transaction revenues grew 17% to $3.34 billion, accounting for nearly 91% of its quarter's revenues. Other value-added services accounted for the remaining 9% of revenues and fell 11% over the year to $340 million. The decline in the segment was attributed to the sale of its US consumer credit receivables portfolio to Synchrony (NYSE: SYF ) for $7.6 billion. PayPal's revenues from the United States grew 13% over the year to $1.96 billion, and international revenues grew 15% to $1.72 billion. Among Show less Read more
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