PayPal third-quarter profit rises 7% on online payments shift By Reuters

© Reuters. FILE PHOTO: A smartphone with the PayPal emblem is positioned on a laptop computer on this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration/File Photograph

(Reuters) – PayPal Holdings Inc (NASDAQ:) reported an almost 7% rise in third-quarter revenue on Monday, fueled by increased adoption of digital modes of fee and extra transactions made via its peer-to-peer fee service Venmo.

The corporate’s internet revenue rose to $1.09 billion, or 92 cents per share, within the three months ended Sept. 30, from $1.02 billion, or 86 cents per share, a 12 months earlier.

Analysts on common had anticipated a revenue of $1.07 per share, in keeping with IBES knowledge from Refinitiv.

Disclaimer: Fusion Media want to remind you that the information contained on this web site just isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs aren’t offered by exchanges however slightly by market makers, and so costs is probably not correct and will differ from the precise market worth, that means costs are indicative and never acceptable for buying and selling functions. Due to this fact Fusion Media doesn`t bear any duty for any buying and selling losses you may incur because of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or harm because of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote alerts contained inside this web site. Please be totally knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is among the riskiest funding varieties potential.

Source link


News7h: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button