PayPal (PYPL) Tops Q2 EPS by 1c; $10B Buyback

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Go back to PayPal (PYPL) Tops Q2 EPS by 1c; $10B Buyback

PayPal Reports Second Quarter 2018 Results

July 25, 2018 4:15 PM EDT

GAAP EPS of $0.44, an increase of 29%; non-GAAP EPS of $0.58, an increase of 28%

Announces $10 billion stock repurchase authorization

SAN JOSE, Calif.--(BUSINESS WIRE)-- Global technology platform and digital payments leader PayPal Holdings, Inc. (NASDAQ: PYPL) today announced second quarter results for the period ended June 30, 2018.

Financial highlights for second quarter 2018

Revenue growth of 23% to $3.86 billion, or 22% on a foreign currency-neutral (FX-neutral or FXN) basis GAAP operating margin of 14.8%, with non-GAAP operating margin of 21.3% GAAP EPS of $0.44, an increase of 29%, with... More