PayPal revenues miss but growth is strong from new acquisitions
https://techcrunch.com/2019/01/30/paypal-revenues-miss-but-growth-is-strong-from-new-acquisitions/
PayPal revenues miss but strong growth from its recent iZettle and Hyperwallet acquisitions and booming business at Venmo point to a strong outlook for the payments giant.
In all PayPal saw revenues for the quarter of $4.23 billion against analysts estimates of $4.24 billion, according to data from Yahoo Finance. Earnings per share at the company were up to 69 cents versus analysts’ expectations of 62 cents on a non-GAAP basis.