Financial PerformancePayPal reported strong third-quarter earnings with adjusted EPS significantly surpassing expectations due to lower transaction losses and higher operating margins.
Growth StrategyVenmo continues to be a significant growth area for PayPal with strong growth in monthly active users for its debit card and Pay with Venmo services.
Shareholder ConfidenceThe company has successfully repurchased a substantial amount of shares, with plans to continue repurchasing, demonstrating confidence in its financial stability.