PayPal increased revenue by 8% in the III quarter
Show original
Moscow. November 2. information agency "Interfaks" - the American Payment system PayPal Holdings Inc in the third quarter 2023 raised revenue for 8% and reduced net profit by 19%, thus corrected profit and revenue were better than market forecasts. As it is reported in PayPal press release, the revenue in July-September grew to $7,42 billion against $6,85 billion year before. The net profit made $1,02 billion, or $0,93 counting on an action, in comparison with $1,33 billion, or $1,15 for an action, for the similar period of last year. The corrected profit made $1,30 for an action. The analysts interrogated by FactSet, in...