PayPal Reports Fourth Quarter and Full Year 2022 Results

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PayPal (PYPL) President and CEO Dan Schulman Announces Intention to Retire at Year-End

February 9, 2023 4:19 PM EST

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that President and CEO Dan Schulman has informed the Board of Directors of his intention to retire from PayPal on December 31, 2023, and that he will work with the Board on a smooth leadership transition. Schulman will continue to serve on the Board of Directors. The Board will retain a search firm to help find Schulman's successor.

"I'm proud of what we have accomplished at PayPal and of the incredibly talented and committed people I work with every day," said Schulman. "Together, we have reimagined... More

PayPal (PYPL) Tops Q4 EPS by 4c, Offers Guidance

February 9, 2023 4:18 PM EST

PayPal (NASDAQ: PYPL) reported Q4 EPS of $1.24, $0.04 better than the analyst estimate of $1.20. Revenue for the quarter came in at $7.4 billion versus the consensus estimate of $7.39 billion.

GUIDANCE:

PayPal sees Q1 2023 EPS of $1.08-$1.10, versus the consensus of... More