Transaction volume through PayPal for Q3 2023 grew to nearly $423 billion
- PayPal's revenue for the quarter was up 6% to $7.85 billion
- Net income amounted to $1.01 billion, i.e. EPS was $0.99
- Payment volume grew 9%, already up to $422.6 billion
- Operating margins exceeded estimates, already up 18.8%
- The number of active accounts grew by 1%, to 432 mln pcs
- PayPal transaction margin increased by 1.2 p.p. to 46.6%
- Q4 2024 revenue to grow by “single digits”
- An
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