Categories AlphaGraphs, Earnings, Finance

PYPL Earnings: PayPal Q3 2024 revenue and adjusted profit increase YoY

PayPal Holdings Inc. (NASDAQ: PYPL) announced financial results for the third quarter of 2024, reporting an increase in revenues and adjusted profit.

PayPal Q3 2024 earnings infographic

Third-quarter revenues came in at $7.85 billion, compared to $7.42 billion in the corresponding period of 2023. For the fourth quarter, the company expects revenues to grow in low-single-digits.

Adjusted earnings were $1.20 per share in the September quarter, compared to $0.98 per share in the year-ago quarter. On a reported basis, net profit was $1.01 billion or $0.99 per share in Q3, vs. $1.02 billion or $0.93 per share last year.

Prior Performance

  • PayPal Q2 2024 earnings infographic
  • PayPal Q1 2024 earnings infographic

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