PAYPAL RAISES FULL-YEAR PROFIT ABOVE ESTIMATES ON E-COMMERCE STRENGTH AND COST CUTS
- NEWS Desk Global
- May 8, 2023
- 1 min read
PayPal Holdings Inc (PYPL.O) on Monday raised its annual profit forecast to above Wall Street estimates, buoyed by its higher quarterly profit as margins improved on cost-cut measures and as consumers undeterred by inflationary pressures keep shopping online.
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