PayPal Q3 2022 Earnings Review: forget growth, it's a margin story now
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PayPal reported $6.85 billion in revenue in Q3 2022, which represents a 10.7% YoY growth, and the company’s management guided for $7.38 billion in revenue in Q4 2022, which would represent a 6.6% YoY growth. U.S. e-commerce retail sales grew 10.8% YoY in Q3 2022, so I believe it would be fair to say that, at least in terms of revenue growth, PayPal is hardly growing “at a rate significantly above the average growth of the market.”
PayPal Q3 2022 Earnings Review: forget growth, it's a margin story now
PayPal Q3 2022 Earnings Review: forget…
PayPal Q3 2022 Earnings Review: forget growth, it's a margin story now
PayPal reported $6.85 billion in revenue in Q3 2022, which represents a 10.7% YoY growth, and the company’s management guided for $7.38 billion in revenue in Q4 2022, which would represent a 6.6% YoY growth. U.S. e-commerce retail sales grew 10.8% YoY in Q3 2022, so I believe it would be fair to say that, at least in terms of revenue growth, PayPal is hardly growing “at a rate significantly above the average growth of the market.”