PayPal

PayPal Holdings (NASDAQ:PYPL) reported Q2 non-GAAP net income  of $1.16 per diluted share, up from $0.93 a year earlier. Analysts polled by Capital IQ expected $1.16. Net revenue for the quarter ended June 30 was $7.29 billion, compared with $6.81 billion a year earlier. Analysts surveyed by Capital IQ expected $7.27 billion. The company said it continues to expect 2023 non-GAAP earnings to rise nearly 20% to about $4.95 per share. Analysts surveyed by Capital IQ expect $4.94. PayPal also said it expects Q3 non-GAAP earnings to increase 13% to 14% to a range of $1.22 to $1.24 per share while net revenue during the quarter is expected to grow nearly 8% on a spot-and-foreign exchange neutral basis to roughly $7.40 billion. Analysts polled by Capital IQ expect normalized earnings of $1.22 per share on revenue of $7.33 billion.

PayPal Holdings (NASDAQ:PYPL) reported Q2 non-GAAP net income  of $1.16 per diluted share, up from $0.93 a year earlier. Analysts polled by Capital IQ expected $1.16. Net revenue for the quarter ended June 30 was $7.29 billion, compared with $6.81 billion a year earlier. Analysts surveyed by Capital IQ expected $7.27 billion. The company said it continues to expect 2023 non-GAAP earnings to rise nearly 20% to about $4.95 per share. Analysts surveyed by Capital IQ expect $4.94. PayPal also said it expects Q3 non-GAAP earnings to increase 13% to 14% to a range of $1.22 to $1.24 per share while net revenue during the quarter is expected to grow nearly 8% on a spot-and-foreign exchange neutral basis to roughly $7.40 billion. Analysts polled by Capital IQ expect normalized earnings of $1.22 per share on revenue of $7.33 billion.