PayPal (PYPL) Tops Q4 EPS by 1c; Approves $2B Common Stock Buyback Plan
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PayPal Reports Strong Fourth Quarter and Full Year 2015 Results
January 27, 2016 4:10 PM ESTCompany Delivers 21% Q4 and 19% Full Year FX-Neutral Revenue Growth
Announces $2 Billion Stock Repurchase Program
SAN JOSE, Calif.--(BUSINESS WIRE)-- Global technology platform and payments leader PayPal Holdings, Inc. (Nasdaq: PYPL) today reported revenue and earnings that exceeded the company's full year guidance, posting strong payment volume, customer account and revenue growth. PayPal's Board of Directors authorized a $2 billion stock repurchase program, demonstrating the business substantial cash flow generation and managements confidence in long-term growth.
Results for the fourth quarter include:
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