PayPal (PYPL) Reports In-Line Q2 EPS
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PayPal Reports Strong Second Quarter Results and Raises Revenue Outlook
July 21, 2016 4:06 PM EDTRevenue increased 15% to $2.650 billion, 19% FX-neutral revenue growth
GAAP EPS increased 7% to $0.27 and non-GAAP EPS increased 11% on a pro forma basis to $0.36
Announces strategic partnership with Visa
SAN JOSE, Calif.--(BUSINESS WIRE)-- Global technology platform and payments leader PayPal Holdings, Inc. (Nasdaq: PYPL) today announced results for the second quarter ended June 30, 2016. For the quarter, PayPal gained market share, expanded its customer base, deepened engagement with customers and delivered on its financial commitments. The company also announced a long-term partnership agreement with Visa.
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