PayPal Reports Strong Q3 Earnings and Raises Profit Forecast
TL;DR
PayPal reported solid Q3 2023 earnings with an 8% increase in net revenues and a 20% growth in non-GAAP EPS. The company's total payment volume grew 15% to $387.7 billion, and operating cash flow was $1.3 billion with free cash flow of $1.1 billion. PayPal expects net revenues to grow 6%-7% in Q4'23.
Topics:businessfinance#finance#financial-performance#non-gaap-eps-growth#paypal#q3-2023-earnings#revenue-growth
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