PayPal Posts Solid, Solo Quarter with Record Revenue of $2.26B
Last week PayPal reported record revenue of $2.26 billion and an addition of 4 million new users for the third quarter of 2015, ending September 30, 2015. This was PayPal’s first solo earnings report since splitting from eBay in July. In the company’s press release, PayPal (NASDAQ: PYPL) said it “gained market share, expanded its customer base, deepened engagement with merchants and consumers and delivered on its financial commitments.” Dan Schulman, president and CEO of PayPal,…
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