💨 Abstract

PayPal reported second-quarter net income of $1.26 billion on Tuesday, exceeding Wall Street expectations with earnings of $1.40 per share (adjusted). The company's revenue was $8.29 billion, surpassing analysts' forecasts of $8.1 billion. For the current quarter, PayPal anticipates earnings between $1.18 and $1.22 per share, and full-year earnings between $5.15 and $5.30

Courtesy: WTOP Staff