PayPal reports fourth-quarter earnings beat as growth picks up at Venmo
Publishing timestamp: 2025-02-04 12:05:39
Summary
PayPal reported better-than-expected fourth-quarter earnings and revenue, with guidance that topped estimates. The company's total payment volume rose 10% in the quarter. CEO Alex Chriss is focusing on profitable growth and better monetizing key acquisitions like Braintree and Venmo. Venmo's total payment volume rose 10% in the quarter. PayPal also announced a new $15 billion share buyback program.
Sentiment: POSITIVE
Tickers: SHOP, AAPL, PYPL, SBUX, DASH, META,
Keywords: cryptocurrency, business news, fintech, paypal holdings inc, earnings, energy, apple inc, technology, bitcoin,
Source: https://www.cnbc.com/2025/02/04/paypal-pypl-q4-earnings.html