PayPal (PYPL) Tops Q1 EPS by 3c; Guides Higher
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PayPal Reports First Quarter 2017 Results and Raises Financial Guidance for Full Year
April 26, 2017 4:06 PM EDTQ1 GAAP EPS increased 6% to $0.32, non-GAAP EPS increased 19% to $0.44
$5 billion stock repurchase authorization announced
SAN JOSE, Calif.--(BUSINESS WIRE)-- Global technology platform and digital payments leader PayPal Holdings, Inc. (Nasdaq: PYPL) today announced first quarter results for the period ended March 31, 2017.
Financial highlights for the first quarter include:
Revenue growth of 17% to $2.975 billion, or 19% on a foreign currency neutral (FX-neutral) basis GAAP operating margin down 150 basis points to 14.5% and non-GAAP operating margin expanded 50 basis points to 21.6%... More