PayPal Reports Mixed Earnings Amid Restructuring Under New CEO

PayPal Holdings (PYPL) reported mixed first-quarter results under its new CEO Enrique Lores, with revenue rising 7% year-over-year to $8.4 billion but operating margins declining sharply to 18.4%. The company reaffirmed its full-year guidance of at least $6 billion in adjusted free cash flow.

By Jay Mehta, SA News Editor · Seeking Alpha ·

PayPal Reports Mixed Earnings Amid Restructuring Under New CEO

Tickers: $PYPL

Topics: Operating Margins Revenue Growth

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