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PYPL Earnings: Highlights of PayPal’s Q3 2023 results

November 2, 2023
in Markets
Reading Time: 2 mins read
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PYPL Earnings: Highlights of PayPal’s Q3 2023 results

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PayPal Holdings Inc. (NASDAQ: PYPL) introduced monetary outcomes for the third quarter of 2023. The fee options supplied additionally issued steerage.

PayPal Q3 2023 earnings infographic

Third-quarter revenues got here in at $7.42 billion, in comparison with $6.85 billion within the corresponding interval of 2022. For the fourth quarter, the corporate expects revenues to develop by round 6-7%.

Adjusted earnings have been $1.30 per share within the three-month interval, in comparison with $1.08 per share within the year-ago quarter. On a reported foundation, web revenue was $1.02 billion or $0.93 per share in Q3, vs. $1.33 billion or $1.15 per share final yr.

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