PayPal (PYPL) Tops Q3 EPS by 3c, FY Guidance Tops Views

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Go back to PayPal (PYPL) Tops Q3 EPS by 3c, FY Guidance Tops Views

PayPal Reports Third Quarter 2017 Results

October 19, 2017 4:10 PM EDT

Revenue increased 21% to $3.239 billion, 22% FX-neutral revenue growth

GAAP EPS increased 17% to $0.31, non-GAAP EPS increased 31% to $0.46

SAN JOSE, Calif.--(BUSINESS WIRE)-- Global technology platform and digital payments leader PayPal Holdings, Inc. (NASDAQ: PYPL) today announced third quarter results for the period ended September 30, 2017.

Financial highlights for the third quarter include:

Revenue growth of 21% to $3.239 billion, or 22% on a foreign currency neutral (FX-neutral) basis GAAP operating margin of 13.1% and non-GAAP operating margin of 19.9% GAAP earnings per diluted share (EPS) growth of 17%... More