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Fourth Quarter Results

All articles tagged with #fourth quarter results

business-finance1 year ago

"PayPal (PYPL) Reports Strong Q4 Earnings"

PayPal reported better-than-expected fourth-quarter earnings with revenue of $8.03 billion, up 9% from the previous year, but issued guidance below estimates, anticipating full-year earnings of $5.10 per share, falling short of analysts' expectations. The company also announced a workforce cut of 9% and introduced new artificial intelligence features as part of its transformation efforts under CEO Alex Chriss.