"PayPal (PYPL) Reports Strong Q4 Earnings"

TL;DR
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.
Topics:businessbusiness-finance#business-finance#earnings#fourth-quarter-results#guidance#paypal#workforce-cuts
Want the full story? Read the original reporting
Read on CNBC